Lots of information posted on the PM1236 in this (and other) forum and it is a very capable machine. When looking at cost, when you compare the PM 1236 to something like the 1440GS, one needs to consider that the 1236 with the preferred package (standard on the GS) and cast iron base comes out to a little over a 1K difference between the two machine. The 1440GS comes with cast iron base, QCTP with holders, built in spider, light, micrometer stop, foot brake, pull out chip tray, etc. so the difference is less than looking at the base price of each. Also only 2 change gears on the 1440GS and a wide threading range gearbox (if that is important to you). With either lathe, you will have similar add on cost for say DRO, centers, upgrading the chucks, etc. and this does need to be planned into the total budget or delayed to a later point. They all will do great work, but I also almost purchased a smaller lathe (1128, 1236) and for some of my current work I am already pushing my 1340 to its maximum cutting abilities. A tough decision, I give consideration to what your current use and possible future projects for the lathe would be. But another vote for the 1440GS if you can wait and swing it at a later point. At the 1440GS price point, it probably offers the most bang for the buck when looking at comparable new 1440 lathes available on the market.
