Thanks for the post Farmer. I had a great time that day and hope to do it again soon. I would like to demo on how I take raw material, cut it down to pen blanks, drill the blanks, then turn, sand and finish the blanks and come out with a couple dozen finished pens in two hours, just using my Shopsmith. I think that will be killer to do. I also agree that today's students are missing out on the shop classes that I was able to take. Hell, I was welding in the 8th grade. I don't know any 8th grader now who says he can do that. I am glad that the Future Farmers program is still alive and well in my part of CA as they do have shop classes for those students.
To answer Ed's question, I would, and still do, buy new Shopsmith equipment and if space was no problem, yes I will still buy Shopsmith.
The question Ed proposes lacks a few other things to consider when purchasing stand-alones and the cost which he quotes as $6,500. He fails to add the cost of wiring a shop for all those seperate machines, a dust collection system for all the machines, storage cabinets etc. to store all the extra parts and accessories, the cost of maintaining an army of stand-alones, the list goes on. Another words, Ed failed to factor in the cost of making all these tools operational. If you add all these things on top of the $6,500 quoted by Ed then yes, if you purchased brand new Shopsmith equipment from the company today, right this minute, the Shopsmith equipment will still cost less than stand-alone tools. And don't forget to factor in quality. Quality costs money, and Shopsmith has quality.
I'm also wondering why he's figuring in the cost of three seperate power stations when you do not need them as the Shopsmith Mark V will run all the SPT's without extra power stations. Maybe he is just trying to justify his question by adding more cost to it than is actually needed to buy a new Shopsmith system. Also, if you leave out the SPT's the Shopsmith still does five operations needed for basic woodworking. A new Shopsmith Mark V or Mark VII does not cost $6,500, subtract around $2,000-$3,000 from what Ed quoted and then you have the actual cost, and you have a tool that will do five woodworking operations.
Most woodworkers do not purchase a shop full of brand new tools, stand-alone or not, right off the bat. They work their way into it, purchasing what they need as time goes by and the kind of projects they want to create. This goes for Shopsmith users as well as stand-alone users. Because of this, I'm sure most Shopsmith owners will eventually purchase $6,500 or more in Shopsmith equipment, but so will the woodworker with stand-alone tools.
To sum this up, I think this question can be answered as many different ways as there are woodworkers, and this is just my humble opinion. I'm sure there has always been some kind of competition between woodworkers as to who has the better tools, and whether using combo machines, stand-alone machines, etc. make you a better wooworker. I'm sure the woodworkers who use only hand tools think those of us with power tools are not true woodworkers. If you are interested, this is how I sum up all this debate, "Whether you own Shopsmith tools, stand-alone tools, hand tools, spent a fortune on your tools or just $10.00, it is not the tools that make the better woodworker. It is the time, craftmanship and quality you put into your woodworking that really counts."
Case closed

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