Price doesn't sound too bad even for a fairly stripped machine, so long
as it's in good condition. Check ways front ways near headstock for
wear. At minimum, you'll want a 3 jaw, 4 jaw, faceplate, drill chuck,
lantern tool post, and a live center to do much. With that, you could
make a lot of accessories. If you plan to do any threading, you'll want
a set of change gears. If not, you could get by with putting a variable
speed DC motor on the far end of the lead screw. I modified a friend's
Craftsman thus. If it's missing most of the above, be aware that without
some serious bargain hunting, they'll likely cost at least double the
price of the lathe.

Jon

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