I have amassed a fairly comprehensive home workshop over the years starting off with a Harrison 10" lathe with a taper turning attachment on the back of the bed. I think it must have come over from the States as part of a Lease Lend package from WW1. The wear was terrible and in the end I sold it. One of my clients, I sell and maintain industrial air compressors, was transferring his company to China and I mentioned that I was looking for a lathe. He said that they were getting rid of a whole lot of second hand machine tools and I could have a look at their stock. They had a fully restored Colchester Bantam 2000 with a spare 5 point capstan tail stock, Dickson quick change tool post with 10 tool holders, 3 and 4 jaw chucks and face plate, suds tank and pump and a load of tooling. He said put in a bid and he would see that it went to the correct department. Sitting next to the Bantam was a couple of Triumph 2000 long bed lathes with digital read outs. I didn't think much of them as they are a bit too big for model engineering. Anyway, I put in a bid of £600 for the Bantam and left it up to my client to let me know what would come of the offer. A couple of weeks later I got a phone call telling me that I had got the lathes. I said "What Lathes", he said the three lathes that I had put in the bid for. So, there I was, one Bantam and two Triumph 2000 lathes for £600. Luckily I had a friend who had a second hand machine tool company, F.E. Slater Ltd. in Poole, Dorset, long gone now I'm afraid, who bought the two Triumph 2000 lathes for the princely sum of £600 for the two, so all it cost me was the cost of transporting the machines from the company site to my works and then to Poole. This only goes to prove that there are bargains around and all you have to do is be in the right place at the right time. I also have a Bridgeport mill, pedestal grinder, nodding donkey power hacksaw, glass bead blasting machine, air compressor, tig welder and a lot of other machines, all 3 phase with a rotary converter to run them.
I havn't been a fan of the Myford ML range of lathes as they seem too small for most work except for the hobby market. There are a lot more lathes, slightly larger, available on the second hand industrial market, especially as there are a lot of small companies going to the wall these days. Most of these machines are 3 phase but there are a number of companies making converters, static and rotary, that are available to run these machines. Anyway, that's the end of my rambles for today, keep the machines running and the models coming off the production lines.