Thanks for all of the advice. My replies are as follows...
1) I don't smoke...I am a neurology resident and see too many strokes to
even contemplate the habit so no money from there.
2) I would love the NOVA but the timing is not right for that big of a
purchase. I will be moving to a new house in 2 years and then I will have
a real shop built that can house a proper lathe.
3) I went ahead a purchased the HF lathe and will use the extra money for
better gouges, grinder, and chucks....
4) I will try to post some pics of my future works....

Thanks for the advice......