If you are referring to the 1442, I have owned one for about a year and it is a great machine. I recommend buying the cast iron legs because they add about 150 pounds to the mass, which dampens vibration. The only bug I had was a tendency for the speed control to stick, especially when it is cold. This seems to going away and a local Jet rep said this was fixed on newer lathes.

Regarding the $800 price Stephen noted, if you can get it for that, move out and buy. I paid $799 for my a year ago September. Same store recently had it for $915. Price increase supposedly because of the raise in steel prices and state of the dollar.