Hey Crank,Harry,
I'm going to throw in my two cents worth here. You have O/A experience and you seem to have most likely used a MIG. That means you know what a weld puddle is and it's a matter of picking the most cost effective single machine for general use. I don't own a MIG and will likely never have a use for one with what I do, but I have to agree it is probably the most versatile general purpose machine for "everything".
Almost two decades ago I professionally welded for about 6 1/2 years and used TIG, MIG (occasionally) and PAW (plasma arc welding) on primarily titanium and stainless along with aluminum to a lesser extent. I'm spoiled and hate grinding welds, so I have a Miller Diversion 165 (dedicated TIG) and an O/A set up for all of my hot work. I never have a need for high deposition rates and precision is needed, so TIG is my happy place. As others have said, cost for the unit is higher and you need a tank for shield gas, but the newer TIG machines are so much more user friendly than what I worked with (Aircrafter 351) that they can quickly make your welds look like you're a seasoned veteran.
I'm not trying to sell you on TIG, but if you have a chance to go to a dealer that has one set up for demonstration, you might be amazed what technology has done for user friendliness. That also may mean the newer MIG units have benefited from technology, so see what they have to offer.
Just remember: Stick = high deposition rate, least precision for detail work, but some guys are gifted.
MIG = moderate/fast deposition rate depending on machine amperage, takes practice for precision, but tiny work is a pain.
TIG = low deposition rate, high level of control for heat affected zone and welds that don't need clean up (assuming your not a putz)
O/A = WHATEVER YOU ARE CAPABLE OF! Fast, slow, tiny HAZ, huge HAZ, lots of filler, no filler, very versatile, but proficiency is one of those things that one can never stop learning. (I still have a lot to learn!)
Good luck with you shop construction and try not to get overwhelmed with opinions. As I said, that's my two cents worth and it's worth half of that.
Mark
Yes the feedback may seem a little overwhelming at times and that's OK as being bombarded with lots of information gives me a chance to “read between the lines” as the saying goes. One of my primary learning processes is to overwhelm my brain with new information, sit back/take a break, and then I start to see patterns/trains of thought/ways of doing stuff that makes sense to me.
We have a place called in town called “The Forge” which is a 501c3 nonprofit community makerspace and they have a Saturday welding class with hands on experience that I plan on taking that as an introduction back into welding.
Take care,
Harry