Well, mine showed up Monday and I set it up Tuesday.
Overall I like it for the price.
Couple of notes about the Sheppach. It gets the job done. With the universal jig that comes with it, I sharpened my standard wood chisel to a VERY razor-sharp (hair-shaving, literally) edge in just a few minutes. The machine works good once you set it up.
1) The Tormek is grotesquely overpriced, even before the ridiculous $500 T7 came out(I know this has nothing to do with the Sheppach but it's still IMO the biggest observation of this whole group of machines).
2)The Sheppach is an 8" wheel, the Tormek is a 10. One point for Tormek. The Sheppach is $180 instead of $500. Figuring one point per dollar difference, that's 320 points for the Sheppach. So far the score is 1 (T) to 320 (S).
3) The Sheppach has a strong enough motor. Two fingers will NOT stop this machine unless you are Shaq or Shrek, but it doesn't quite have the torque of the Tormek (I have used a Tormek but only as a "demo"). One point for Tormek. Score, 2(T) to 320(S).
4) The Toolrest for the Sheppach fit into the machine rather tightly, I had to ream the holes out a tad with a round file. Score one for Tormek. Score is 3(T) to 320(S).
5) The can of honing compound that comes with the Sheppach is very hard to open, but once you get it open, it is reallly easy to dump all over the floor[B)]. But on the brite side, the compound is very effective. I think the Tormek comes with a more user-friendly squeeze bottle. Score 4(T) to 320(S).
6) The user guide for the Sheppach is crudely translated from German. There is a big sticker on the front of the machine with the typcal warnings, one of which says "Do not use in DUMP locations" (maybe damp? it's a wet dry grinder!). Score 5 for Tormek, 320 for the Sheppach.
I could go on about a few other items, but I think at best the Tormek will score, at best, 10 points for overall quality build, but for the part-time penturner, the Sheppach is the landslide winner with 320 points, lol.
Again, to reiterate, if you want supreme durability and reputation and have deep pockets, the Tormek is for you. Otherwise, if you are an average Joe but want some of the same capabilities of the Tormek or simply something to supplement your current grinder, the Sheppach IS A GREAT DEAL. It just has some flaws that you must iron out.