Thanks guys - I'll have a more detailed look at this thing when I get it home, provided everything goes through on the purchase as planned. I've had some odd things happen with Craigslist buys, like the guy selling it to someone else for a higher price before you can go back and get it (motorcycle), and then saying "here's your deposit back, I sold it yesterday".
Any advice on moving it? I was thinking of separating the lathe from the cabinet, and transporting them like that. But, I've seen where some heavy straps and an engine lift are used to pick the entire thing up, with the straps running under the bed of the lathe. I think I'm going to get a low bed U-haul trailer. My truck bed is like 3-4 feet up and it has a slippery plastic bed liner....