So, like I said before if it has the right input and output it will do what's needed. I originally bought one of the cheap ones from eBay for my lathe but wasn't happy with it (really didn't know squat at that point, just it wasn't what was advertised and smelled vaguely like burnt electronics). My lathe doesn't have any electronic controls so it was really just to power the 3 phase Baldor motor I bought.
I then purchased a TECO VFD from a reputable supplier for my application and was able to work out a partial refund from the eBay seller. Later I got into my mill/drill project and had the cheap unit sitting on the shelf so I decided to use it. I still haven't gotten it talking with my controller but that may just be my lack of expertise rather than the VFD. It does drive my spindle though and it's nice to have around the shop as a spare if needed, you never know when a nice 3 phase tool will show up and need power
If I was buying a brand new lathe and retrofitting it with the stock control panel I would spend the extra money to buy the recommended unit from a known source with support. You might not need it but it's great when it's there if you do, I'll probably end up doing that for my CNC mill/drill once I get the new control box built.
I'm assuming the PM purchase was decided for similar reasons and ultimately $200 one way or another is chump change in this hobby (I just spent almost that on a new compound casting for my tiny Craftsman lathe). In fact, during these challenging times it will actually make you feel good to buy from an American supplier that's keeping it's workforce employed rather than an eBay seller that just drop ships.
Aaron is right about this forum, we have people here who know this stuff, and CNC, and tooling, and everything else. Passionate hobbyists who just happen to do it for a day job too, thank you for being here
Cheers,
John