Yeah ... that's my lathe, only mine's green where theirs is red, and says Central Machinery rather than Apprentice somewhere on it.  
It's the exact same lathe, from what I can see, except that the package is MISSING the larger 4 inch faceplate, and comes with a 5 year warranty.  Also of note is that the spindle isn't 3/4" x 16 .... it's 1"x8.  Still has #1MT headstock and tailstock, though.
Hmm ... my HF lathe came with up to 2 years warranty extended if you bought it.  Exact same speed range, weight, motor power, ect ...
	
	
		
		
			Details
    The Apprentice™ 812 VS Mini Lathe is an exceptional value among true mini lathes. Designed specifically for pen turning and other small woodturning projects, the Apprentice™ 812 VS Mini Lathe offers quality construction, dependable performance and a 5 year, 100% satisfaction guarantee making it the right choice for budget-minded woodturners who demand a great value. Whether you're just getting started or you're looking for a second wood turning lathe, the Apprentice™ 812 VS Mini Lathe is just what you're looking for.
    Perfect for pen turning and small woodturning projects
    Compact, easy to transport
    Electronic variable speed drive
    High torque lathe motor for increased power under load
    Soft start-up for safety and motor longevity
    Adjustable cam-lock tool rest and tailstock
    Cast iron construction
    5 year 100% satisfaction guarantee
    Designed for bench top use only
    Specifications:
    8" Dia. capacity
    12" between centers
    Electronic variable speed drive
    Speed range- 750-3200 rpm
    1/3 h.p. motor,120 v 1 phase
    1"-8 tpi spindle
    No.1MT headstock and tailstock
    43 lbs
    Standard Equipment:
    4-1/4" and 6-3/4" Tool Rests
    2" Faceplate
    4 Prong Drive Center
    Revolving Cup Center
    Faceplate Wrench
    Knock-out Bar
    Instruction Manual