I think I would keep my eyes open for a decent countershaft setup. A lot of stuff is worth more in parts than as a whole unit and these little Atlas/Craftsman lathes seem to be a pretty extreme example of this rule.
My 6" cost me $300 bucks, I'm not sure where I am not as far as overall investment goes but it's well over what it's worth. That's OK as I've learned a lot and I have a working machine now. I think if I had to do it over again, with the experience of making my little 6" right I would have used the money go get a little bigger more complete unit. That being said it's a fun tool to have around.
K