I don't have it, but from what I have read from a few here or on other sites, it is a very good one.
Worth the money? Depends on how much one has and the kind of tools one uses. If you can afford it, yes. IF you have HSS tools, yes.
What inevitably makes it worth it - is the time needed become accustomed to a new machine and new method. When sharpening for bowl and pens, a quick touch to the belts for sharpening is only as good as how sensitive one is to the "feel," which comes from experience. And then there is the hand honing (a minute or two) that takes a tool to the next level in sharpness.
I read all I could find on the Tormek, a top of the line water wheel. Most people said it was "good enough" to go straight to the bowl for turning, but the best of turners also said that while the Tormek was a top of the line, hand honing made the tools go up to a different level.
Bottom line, don't let a fine sharpening tool be the final step in the sharpening process before using. Most people don't bother with honing, but it does make a difference, and once learned, it is rare that one goes back to not honing.
