Hello Visenfile,
Two years ago, I was in the same boat as you and was leaning towards new lathes from Grizzly and Busy Bee Tools. I ended up buying an old cone-head lathe with a 20" swing and a 10' bed. It was a beast and I had never run a lathe before, so I was a little intimidated at first. But in a matter of an hour, running it through it's functions, I felt very confident but was careful. A full open gear train and open belts and cone pulleys gets your attention.
I didn't realize when I bought it that it had some teeth missing from some of the gears and I ended up having to purchase 4 gears, machine, bush, bore and key them. Like I said, I didn't have any experience running a lathe, but I learned fast and the gears turned out very well.
Here's the lathe after I had fixed it up...
I guess that my point is..... don't be afraid of buying a larger lathe. You'll catch onto it real fast...... and, secondly, try not to buy an old one like I did and end up having to spend good money repairing a worn out lathe. Don't get me wrong, I really enjoyed fixing up the old lathe and learned lots by doing it and continue to do so with other lathes and machinery. I ended up selling it and broke even and then bought and sold two more lathes until I bought the one that I have now. It's a Colchester Master 13"x 36" with a 1 5/8" spindle bore.
In spite of the chipped paint, this lathe has zero wear in the ways and came with taper attachment, follow rest, steady rest, coolant pump, three chucks and collets etc.
If you are patient, you will find a good lathe, although I am the epitome of impulsiveness...
Good luck with your search....
Brian