Hi Gus.Dont know if the machine has both but go for the R8 over the MT
The mill comes with a 16mm key chuck on R8 shank which is sufficient to start
I bought a 19 piece ER32 collet set for $80 and the R8 collet chuck for $30
Good buy from china/ebay.Holds from 1mm to 20mm accurately I use a lot of tooling with round shanks mainly 16mm,flycutters etc.The loose jaw vice I just threaded is useful to make/use and a decent large angle plate.Because my mill
had restricted headroom I also bought a no of R8 individual collets which are great for tall jobs.10mm,12 and 16mm but you may not need.My homemade RT (horiz) and bolted to the angle plate (vert) gets a lot of use + a lot of what you have can be adapted. If your short of cash then sell your existing mill or
I can lend you some.Go on a diet and cut down on food shopping etc.Will check out the collets and let you know. Regards Barry