Here are a few more projects to consider.
1. A jig to hold HSS bits for sharpening on your grinder. It could be as simple as an aluminum piece with a slot milled in it. For something more elaborate, see:
lathe bit sharpening jig. There are a bunch of designs out there if you look around.
2. A second chuck wrench, to make it easier to adjust your 4-jaw (you will get one, right?). This one is on MY to-do list
.
3. A lantern chuck to trim screws to length.
4. Low profile work holders for your mill. See Harold Hall's web page for those, too.
5. An angle plate to accurately set your compound to 29.5 degrees for threading.
6. A Norman-style QCTP. It basically is a steel post mounted on the compound. The tool holders clamp onto the post with a bolt. I made one
and it is quite rigid. While many have made them with just their lathe, it is easier to do with a mill.
7. A crank extension for your mill's Z axis fine feed. I made one to make it easier to use my boring head, but it's so handy I leave it on all the time. Here's a photo:
I made mine with stuff I had around -- the length of the crank is up to you, as long as it is long enough to make it easy to raise/lower the head. Well OK, I did buy a shoulder bolt for the handle (so it would turn freely), but you COULD make one if you want. It looks funky but works well.