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I have a 2000 Shoptask and do reasonably good work with it. The current iteration is far superior and rigid and with CNC/DRO built in. There is a "3_in_1_Lathe_Mill_D rill" group over on Yahoo for discussion and advice. Lots of Smith owners there.Patrick HayesFremont CA
It really depends on the type of work you want to do. I watched their video and have seen similar units. The lathe is probably its strongest point. I would have doubts about the rigidity of the milling portion under heavy loads. Also, there isn't much travel for milling. If you anticipate only small milling jobs it would probably be fine. Personally I prefer separate machines and have a vertical mill and a lathe. I thought I would use the lathe more than the milling machine but the mill probably sees more work. At times I wish they were smaller. The mill weighs about 3200 lbs and the lathe about 1200 so rearranging the shop is no small task. Also my lathe dates back to about 1970 and was designed to cut threads in English units and has no provisions for metric. So they take up a lot of shop room and are not always convenient to use.