For some time I've wanted a lathe- no pressing need for one, but every now and again a project or application comes up. This machine popped up on Craig's List, a Smithy Midas 1220 combination machine.

http://washingtondc.craigslist.org/n...279128237.html

What's the conventional wisdom about a combo machine like this? Ever used one, ever heard of the Smithy brand? Does the fact that it's a combination machine mean it does neither function (mill / lathe) very well? I'd appreciate your thoughts.