I'm sure this question has been asked many times, but searching did not yield a lot of current information, and because tools and prices are always changing, I figured I'd ask again.
I'm looking to buy my first lathe. I'm thinking a midi lathe, with a preferred budget around $500, though I could go a little higher ($700 would be the max). I've looked at the offerings from Delta, Nova, Grizzly, Rikon. and Jet. I'd like to get something with variable speed, and reverse would be nice.
I've also found a local listing for a Rockwell model 46-111 for $250. Does anyone have any thoughts about this lathe for that price?
My passion is woodcarving, I see myself using the lathe only occasionally (tool handles, small turned pieces, and maybe turned legs for a small furniture piece). Who knows what the future holds, but right now I don't see myself turning bowls or other large diameter pieces.
I know the best answer is always 'Get the most you can afford'. But I have other tool wants/needs, and seeing that I am new to turning and will probably only use a lathe occasionally I want to try to stay close to my budget. Having said that, I want to get a quality tool, even if it is limited in capacity and features.
Thanks for any advice.