Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work.

 
 
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Default Recommendations for beginner machinist tools, please...

I am just getting into metalworking, primarily with the aim of learning
small-scale machining and steel brazing. I would eventually like to be
able to fabricate small bicycle parts, such as shift levers and the
like. After reading through the "Home Machinist Handbook" I am still
just slightly confused about what pieces of equipment and hand tools I
will need.
I assume at minimum I am going to need a lathe and a mill, but am a bit
baffled by the variety of these, particularly in terms of price for the
micro/desktop units (from around $350 all the way up to $5000). The
sort of questions I have a is it reasonable to buy a combo
lathe/mill unit, or is it better to have dedicated equipment? Is the
low-end stuff (Harbor Freight) decent enough to get going or is it a
waste of money? If I know I eventually may want CNC capability, what is
the best mill to buy for the money?
Also, what other types of fabrication equipment are generally found to
be indispensible for making things like, say, specialty washers,
pulleys, ratchet gears/catches, etc.?
A broad (perhaps stupid) question, I know, but I am just not finding a
complete answer in my books or other sources, so thought I just go
ahead and seek advice from those who know, since I really do not want
to waste money on tools or capability I simply don't need. Any input
appreciated.

 
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