My point to the OP here is that on the used market for high speed mills, your choices are going to be step pulley or Reeves, even if you power with a vfd. If you are looking at 4K you have to accept a reeves as part of the bargain unless you stay stepped. I would not avoid a reeves machine if the speed change is easy and doesn't have spots where the rpm suddenly jumps. If the pulley is lubricated those drives supply the speed range you can't get from a geared head mill. If you find an electronic variable speed in a great condition machine that may or may not be better but it will be more expensive. Dave