David,
A very nice buy indeed.
It is a machine that many model engineers aspire to own. A machine that has more independant 'add ons' and accessories than any other lathe in the world.
Myfords very latest top of the range, all singing, all dancing version is well over $30K here in the UK.
I have heard on the grapevine though that Myfords are in a little bit of trouble. Because their machines are aimed at a niche and very loyal market, the users are not willing to buy a more modern design of machine. They want an instantly recogniseable 'Myford'.
Myfords tried to introduce a modern range a few years ago and it was a dismal failure. But they can't go on producing such an old design of lathe, you can only upgrade it so far. A sort of catch 22 situation.
A crying shame really.
But well done on your investment.
John