I just purchased a Sherline RT (lists at 270$U) & can vouch for it. Much better than some of the offshore stuff (although quality does vary by brand/origin, so I'm generalizing here).
http://www.sherline.com/3700pg.htm
I already have a larger RT. But many jobs are small setups that I'm hoping to be easier & faster setup with 4". I'm in the process of making a baseplate so the assembly will just drop in my 6" mill vise, saving removing the vise & setting up larger RT (although you can mount it conventionally too). Do a search on the forum & you will see some impressive projects using this RT.
Other features:
- very smooth worm screw mechanism, nice graduations & positive lock
- seemed to be accurately flat as best I could determine with DTI
- low vertical profile so you have more headroom on smaller machines
- neat feature, threaded insert plug (comes with RT) which then allows mounting Sherline 3 or 4 jaw chucks & they are self centered. These are kind of small, but suite the overall scale of RT, You could mount a larger chuck but would hav eto make adapter plates.
- if you are anticipating the more common MT type center for tooling, this RT is a different principle
-also offers a pre-drilled plate setup to facilitate setting up RT in vertical mode
- hold-downs are 10-32 type cap screws & matching T-nuts kind of unique to Sherline. You could make them yourself, but they are reasonable cost. This lends itself to smallish setups & also the slots come closer to center than common. I'm going to also make some gridded pre-threaded tooling plates to clamp on the table so I can orient odd-ball parts easier yet.
Hope this helps.