It might be worth having! I have both turning and flatwod tools but don't do much flatwood. However, I do use my drum sander a lot for wood turning. For example, when preparing blanks for bowls and platter from dry, rough sawn wood I almost always sand both sides to examine the surface for defects, reveal the color and figure, and let me better decide which side should be up. Parallel faces simplifies marking and drilling recesses and such too.
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I also resaw wood into "thick veneer" and use use the drum sander to flatten before gluing it between other pieces for turning. The goblet uses a piece of walnut between the other layers, not only for accent but to allow a better glue bond since the cherry and basswood are both end grain.
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When I glue up layers to get thicker stock, flattening the pieces before I start makes things easier, such as with these Beads of Courage boxes.
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My drum sander is a Performax 22-44 but that's overkill for woodturning - a much shorter drum would work as well and be easier to align and the sandpaper strips would be cheaper! My guess is once you get a drum sander you won't be able to do without it!
Oh, and one other thing - when making beads of courage boxes from dry wood the deep hollowing can be a pain. It's far easier to hollow the individual layers before glueing them up so most of the hard work inside is already done! In this case, to flatten the rims for gluing I use a method Harvey Meyer shows in one of his videos - when on the lathe first true up a rim a bit with tools then flatten perfectly for gluing by holding a strip of sandpaper against the wood with a flat stick. I glue 80 grit paper to a flat edge of a 2x2 and hold it across both sides of the rim to make it perfect for gluing. (I support the 2x2 on the tool rest to make it easier.) I don't have a photo of this in action, but this drawing shows three such pieces and how I use recesses to hold the pieces for prehollowing and for flattening the rims on both sides with the big sanding stick before glue-up.
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The holding method wouldn't work on segmented rings, of course, but the sanding stick method might be useful.
JKJ