I presently have a pretty decent 1983 500, I bought used from original owner about 6-7 years ago, have only had a couple problems that I repaired; also "upgraded" to the double bearing quill (still have old 1-bearing quill). I use it for horizontal boring, bandsaw, wood lathe, disc sand, also have a jointer but haven't used yet (but probably will in future), would like to find a SPT belt sander and maybe strip sander; I do not use the table saw on it, nor will I. I have a dedicated floor model drill press that I prefer over the SS.
While the 500 is adequate for most lathe spindle turning, I've been less than happy with its performance on bowls/platters and hollow vessels where one end is unsupported, getting random "harmonic"-like vibrations. Also, as a lathe, it is much too short for me at 6'1"(even raised about 5-6" off the floor) and can't be slowed down enough for some of the larger rough pieces I'd like to do (I've had it bouncing around for a bit on a couple projects).
I have a modest sized workshop, a little smaller than a 1-car garage, and can only fit one SS in it (I also have a CNC router, mid-sized laser engraver, aforementioned drill press, dust collector, lunch box planer on a stand, and roll around work cart/track saw bench taking up floor space). I realize this is borderline blasphemy to consider only a single machine
If you could only have one SS, with the above in mind, would you go with a MK V (maybe with a PowerPro upgrade in the future) or a 10ER (refurbished with new bearings/belts/etc.) with such things as a SPT mount and variable speed DC motor from mkctools.com, and maybe a lathe extension and/or slow speed pulley kit from shopsmith10er.com, etc. Or would you recommend I just go with a dedicated midi lathe and keep my 500 (this is where I'm leaning right now)?
How does a 10ER match up against a dedicated midi lathe, say a Delta 46-460? Does the 10ER's tailstock flex like the MK V's? I realize the swing on either SS is larger.
Thanks in advance,
Roy