When I started looking around for a lathe, I contacted the (then) local Myford agent here in 'straya, for a quote and delivery lead time, on a well specified Myford Super 7. After I picked myself up off the floor, I started looking for alternatives. The end result was that I got a perfectly adequate Chinese lathe, of about the same capacity as a Myford, but with some modern features that the Myford didn't have, for just over AU$1,000 with a five day delivery. It's a big place Australia and lathe shops aren't on every street corner. Now that $1,000 compares very favourably with the over $15,000 I was quoted for the Myford. The Chinese lathe is now approaching it's 10th birthday. It's done everything I've asked of it without a failure. No doubt the Myford would have done the same, but $14,000 buys a lot of tooling! Sure the Chinese machine probably isn't as well made as the Myford, but then I've heard some bad tales about them so who knows.
I would love a Hardinge, Smart & Brown, Schaublin Dean Smith and Grace etc etc but sometimes (I'm told) it's important to be practical!!
Oh, and by the way I got one of those mills with plastic gears, that machine was used for 7 years, when the unbroken gears were changed for a belt drive, the changeover took about 20 minutes!
cheers
wakeup