@mksj,
What kind of work, really almost anything small. Roller bearing race pullers, kids projects, precision turned and threaded parts. Grade 5 titanium, copper, brass, bronze, and steel parts, and some hard turning. Almost all of these are smaller parts. At times I need to hit a tenth, but in short parts. Mostly hobby, but some parts are paying parts of larger design projects.
I look foreword to fixing up machines, but right now there's a lot more budget than time. For example, found a dandy Bridgeport a bit over a year ago. That mill has been sitting in the same place in my shop waiting for thorough cleaning and fresh paint. (It had a complete mechanical rebuild a few years ago (no paint), and was replaced with Haas...)
Getting estimates for a complete mechanical rebuild of this lathe from $3K to $5K (all moving surfaces machined/ground/scraped etc.) Rough estimates for everything including paint is between $5K and $10K. I do understand the concerns with buying another used machine (same game I played looking for the above Bridgeport). Any new lathe would certainly have to be the right lathe, not just the first one to come by.
@jwmay,
This is well beyond the grass is greener situation. I really do like this little chunk of iron, and really don't want to get rid of it. However, this machine is letting me down and something has to be done. The real question, is it worth the $3K to $5K to make it mechanically tight? Or the $5K to $10K to make it 'new'? (10K goes a long way towards a Hardinge class machine...)