Tom; I purchaced the exact same lathe from HF, on sale with a 20% off coupon, for $95 last year to use as a blank drilling lathe. I also turn larger pieces, closed end pens, and have set up my duplicater on it. You can get a lot of tools to fit the #1 tapor. All the ones from my Mini Metal lathe fit on it. You would probably be close to the $250 price on the lathe if you bougt all the items listed new. I would offer $150-175. Go to $200 to save time waiting for parts orders if you realy want it badly enough. It's not a bad lathe and is built very sturdy, plus if you get it from HF, you can return it if you don't like it. Jim S