I see there has been a good discussion during my absence.

Some random points I will make that
hopefully will add to the discussion. IF NOT, then I apologize in advance. I brought up the worst case because it is there where trouble often lies. Also where a lot of rules get written to mitigate it. Hence things like the NEC and fire safety codes, etc. exist. First, UL listing....I take this one seriously because my 1st co-op job was working at a company where I did A LOT of testing to ensure their products would pass UL when we sent them out to them for testing. Even back then (decades ago), competitors were creating fake UL and CE labels to put on their copycat products. Most companies are powerless to stop these imitation products and it is unfortunately a fact of life today. So, just because that Amazon product says UL listed or has the CE mark means NOTHING. You can try to mitigate risk by buying a major brand, but there are copycat products unfortunately so caveat emptor. Now for a personal anecdote about UL listing. My inlaws bought my wife and I, a lighted angel to put atop our Christmas tree many years ago. It was UL listed, or rather I should say it had a UL listing sticker on it. One day we started to smell something burning and found it partially melted on the Christmas tree. Upon inspection, I found nothing obviously wrong with it and it worked trouble free for quite some time before this incident, but suddenly one day it just started to melt. Into the trash it went. Now, with regard to some Amazon extension cord like that I would have concerns regarding is it truly UL listed? Another thing to consider...I hope this isn't new information for anyone here, but
12AWG stranded is NOT the same as 12AWG solid. So, putting 12AWG solid in conduit between junction boxes on the wall of the basement is superior to stringing a multi receptacle 12AWG extension cord because solid wire can carry more current than stranded wire. Also I can guarantee that THHN wire has a much higher temp rating than anything in any extension cord. I am sure for the vast majority of Shopsmith owners, they will have no issues with their Mark V (assuming it is good to begin with), using it as intended in their shop with a 12' or less extension cord. It is on the periphery where problems seep in, which is why Shopsmith has that recommendation. Another personal story to try to make a point here. As a child, we didn't have much back then because not much existed that you could plug into a receptacle.

Our television burned up. Now, my Dad was an Electrician at that time and after some troubleshooting came to the conclusion that the problem was NOT anything inside of our house. He had to argue with the power company and argue and argue until finally they installed monitoring equipment on the power line feeding our home. Remember computers were NOT ubiquitous back then so this was a big deal to get a recording monitor as I am sure these would have been very expensive. When they came back to remove the recording device and analyze it they found out that the voltage was varying wildly to our house because there was a floating neutral at the transformer on the power pole near our home. They fixed it and the problem was solved. What is the message I am trying to emphasize here???
ALWAYS challenge assumptions. I have had this lesson many times in my life and it was emphasized for me in my engineering career. IF I make a false assumption in discussions on this forum, then I beg you to point it out and we can discuss. This is what I have been doing on this thread, i.e. challenging assumptions. You can't always assume the ideal case and you can't assume a lossless branch circuit feeder. For most threads on this forum, it is about the average Shopsmith user and the average shop, etc. so mainstream advice is fine. IMHO, this thread is different, because it IS about the worst case, the extreme case that this requirement from Shopsmith originated - which is the center of the OP's question on this thread. Hence, I tried to point that out on this thread and again I implore all of you to always challenge assumptions. You will be surprised what you learn when you do this.
Another thing to point out is that line voltage fluctuates with neighborhood load. I have a continuous voltage monitor in my house and with reasonably the same load in my house and NO change in that particular branch circuit load, I witness about a 5V change over time to the voltage supplied to my house. I have witnessed this swing within a single day but it also varies seasonally. I live in a large city and we have quite the variation in load demand for the generating stations here because of the massive HVAC demand in the daytime of summer. Fortunately, I am on the high side, 125V becomes 120V at my house. What if you are on the low side and 115V becomes 110V? Then you are running that Mark V on an extension cord in your shop and you lose another 5% of line voltage due to extension cord + branch feeder circuit? Are you still within the motor manufacturer's rating then? Oh, right most of us have ancient Mark V's whose motors were built when the national electrical standard was 110V, NOT 120V as it is today. So, you have plenty of buffer margin to keep that induction motor happy!!! Good thing the standards changed and they moved the line supply up for your benefit!!!
