In September 2015, I bought a Taig power-feed lathe. I’ve been extremely happy with this purchase: the machine is precise to 0.0005″ (assuming high operator skill), modular, and sturdy. I’ve since used it to create countless parts in aluminum, stainless steel, brass and delrin.
Drilling 7075 Aluminum with center drill:
Fake milling using the cross-slide:

Due to the messy chips and shavings, I enclosed the machine in a Starboard frame:
