I have a 1324, it's OK but I would recomend puting DRO on it if you want any repeatability with it.
That lathe is 2,700.00 new. what year is it.
Smithy stuff is made over seas, and they have a few issues, but it's nothing that can't get fixed easy enough. gibs need adjusting, backlash on the screws etc. etc.
Once you get it dialed in it's not a bad machine for the price.