Thanks for the replies. I know they say about 50% of machine cost to go to tooling. However I'm a mechanic and know that tool buying never ends. I have been doing that since early 1983 and still buying tools. I also like to have really good stuff and not the cheap to get me by for now (till it breaks when you need it). I'm thinking the 1340GT would do what I want but don't know how much the brake and coolant would be used on the 1440GT besides being beefier. Between the two with the accessories I picked from PM is about $3K different, which could/would go for tooling. But I would also rather spend the extra 3K on the 1440GT if it is a better fit for what I would like to do. I would rather over spend now, then get the a 1340GT and later wished I had the 1440GT. It is a tough call. It is easier to come up with money for tooling as time goes by then to come up with enough to buy another machine. I know if I would get the 1340 and later want the 1440 my son would say, just buy the 1440 and I will take the 1340 out of your way (for free) to help out
. I do have some measuring tools (indicators, mikes, calipers, etc.). I have nothing for the mill as far as tooling goes. Between the 833T and the 949T it would be $3200 difference. But it is the same way as the lathe. Anyone here bought a knee mill and wished they had gotten a benchtop unit instead or bought a benchtop and wished they went with knee mill later?? Sorry for the rambling. It is much tougher when you can't actually see them to compare them.
I've had a couple of benchtop mills and moved to a knee mill a couple years ago (PM935). I also have a PM1340. Precision Matthews has been delightful to work with and has been prompt at correcting issues and having parts shipped from the factory via air when required.
Some specific comments on the lathe choice: You may already be aware of the spec differences, but I'll point out the salient differences here because it's awfully easy to get sidetracked on differences that don't much matter. The 1440 has an enclosed gearbox, the 1340 has an open bottom Norton style gearbox. This may or many not be important to you, but the Norton is messy since it drips oil but can easily removed if you ever plan to implement an electronic lead screw system. The 1440 chuck interface is D1-5 camlock with an MT 5-1/2 internal taper and 2" bore, the 1340 is D1-4 camlock with MT5 internal taper and 1-9/16" bore. The 1440 is about 500 pounds heavier than the 1340 and that will surely translate into some improved rigidity, but that's not exactly the full story since the compound is the weakest link in rigidity IMO, and I've moved on to a solid tool post on my 1340 to gain the desired rigidity. I have also upgraded my 1340 in several ways including a VFD which provides all the braking capability I need. I also run MQL coolant (Fogbuster) rather than flood and find it sufficient for the kind of work I do (stainless and 4140 mostly). You could always add flood coolant later on the 1340 if you found you needed it. Which ever one you decide on, install a DRO and a quality QC tool post. Lots of people here have moved to VFD driven motors, and some (me included) have even swapped out the factory motor for a vector drive motor with superior torque and HP. Pick your chucks with as much care as the machine itself.
While the differences between the two lathes you call out are real, IMO those differences are small in comparison to the differences between the 833T and the PM949. The capacity differences of the two machines are obvious and potentially important in your decision, but the biggest difference IMO is reflected in the weight of the two machines and how that will translate into rigidity. The 833T is about 900 pounds, whereas the 949 is 2300 pounds. My PM935 is more like 1500 pounds but has proven to be less rigid than the RF45 benchtop mill it replaced. I will confess to being a stickler on a couple of aspects related to mills: one is the rigidity, which translates directly into how aggressive you can be removing material and how surfaces finish and tolerances can be maintained; the other is low end torque for heavy drilling and machine tapping. I bring up the latter because the 833 comes in two drive types, The 833T geared head with substantial low end torque, the 833TV belt driven substantially higher top speed but at diminished low speed torque. You might find
this white paper an interesting read since it chronicles some of my "learned wisdom" on these topics in my move from the benchtop RF45 to the PM935 baby knee mill. A couple of other things worth mentioning: a power drawbar is one of the most useful additions to any mill, and there are commercial products and more DIY info on adding a PDB to the J-head 949, and almost no information that I've found on putting a PDB on the 833, which means it will be more challenging. Also, power feed on the X-axis for the table is available for both machines, but if you want Y-axis power feed, commercial units are available for the 949 but not the 833.
PM me if you'd like to delve deeper into any of this. FWIW, here are links to my
PM1340 lathe build log, and my
PM935 build log. Good luck in your selection.