I have had my Jet 1442 from Woodcraft for about 10 months and am very
satisfied with it. Cost a little less than $900. One very important
recommendation---If you get the Jet make sure they furnish the nylon washer
that goes between the shaft and a faceplate or chuck. If you use the lathe
without it, you will have problems removing those items without damaging the
internal pulley. Other than that it has served me well. As far as tools, I
was pretty well equipped because I had been turning bowls for over 10 years
on my Shopsmith. Just make certain that you get HSS tools. Mid-priced ones
are fine for a starter (Crown or Pinnacle, etc.)

Bob