Have you looked at the Robust Scout? It is a powerful lathe with outstanding features in a compact size. I turn on one, Carl Jacobson turns on one, and many other professional turners do as well. For many folks I know it fit all the right marks as the last lathe they would ever buy. They aren't budget machines but they are easily the best and you don't ever need to upgrade.

14" sing inboard, 21" outboard
26" between centers, 42 with extension
1 1/2hp 120v
stainless steel bed
premium tooling included
safety 'off' pressure bar
huge premium bearings
hardened spindle
excellent banjo and tail stock
100% American Made - including the motor
7 year head to tail warranty