Let me say that I currently have a PM727 and a PM1236 Lathe on order. I have been wanting the G0761 for years. A buddy turned me onto the PM and after reading I decided the customer service made PM a viable option. I have wanted the PM1236 lathe since I first saw it, my buddy was placing an order for his, so we teamed up to save on shipping. I LOVE the size of the PM727, but I am afraid I will regret not getting the bigger machine. I initially wanted the G0761, mainly because of the tapping function, it has no quill DRO. I was going to add it later and have my "complete" machine. Neither PM model has tapping but does have a quill DRO. At this point money is not an issue, the differences between the machines is not enough to persuade me one way or the other. I will mainly be drilling, tapping, and slotting holes in plate steel (brackets for my car hobby). Each machines have there positives and negatives. Have any of you purchased the PM727 and regretted not going bigger? Is the tapping function on the Grizzly as much of a Positive as I am making it? What do you guys think?