A reputation of getting what you paid for? Honestly, I really don't understand people expecting high quality standards with dirt cheap prices. Isn't that greed?
Unlike many of you, I've actually bought a lathe from Vevor, the ubiquitous 7x12 clone with 3" chuck to be precise. I think I paid $350 shipped to my door early this year and treated it as nothing but a kit of parts. As soon as I got it, I disassembled it with the intention of cannibalizing stuff for a 7x16 bed and headstock I already had. I don't remember how much I paid for that, but I doubt I have more than $500 all in all.
Sure, quality isn't great, but it's still a great value. It might not seem so, but a machine like this has tons of parts and all the leftovers are new. Sitting in the original plywood box I've got the original bed, the original headstock, the original motor, the original speed control board (I'm going to use a servo instead)... I'm sure that, if I sold all the parts separately as spares, my lathe would essentially be free.
So yeah, if you are expecting a precision machine out of the box and you don't want to get your hands dirty, you should look elsewhere. But for us who really know what we're getting into...