When I started looking for a small used lathe a few years back, I finally found a guy who had a G0602 for sale that had been well cared for and had a bunch of extras tossed in.
When I told my better half about to, she jumped on the idea and immediately called my son in law who had a Honda mini van, to ask if we could use it for a "vacation".
The lathe was 3 states away, these are western states, not those little things that you guys on the other side of the country call states. I sent the guy a down payment so he would
hold the lathe till our little vacation finally made it up to his house. We had a great time! When I got to his house, he had everything ready to roll right into the side of the van.
The "extras" were plentiful, and ended up including a G8689 mini mill along with boxes of lathe cutters and end mills, vices, rotary table, three chucks including collets, VFD for the 3 phase motor he had added to the lathe, and lots and lots of extraneous tools. It ended up being over 1200# of stuff. We than continued our vacation taking care to avoid rough dirt roads, poor old van. We even drove through the big redwood tree with the tunnel through it, after folding in the rear view mirrors. How many lathes have done that!?
When we got home three and a half weeks had gone by and it took me another week just to get all the stuff down the stairs to my little basement bedroom shop. Getting the "lathe" ended up with being much much more stuff than we ever anticipated, all for about the price of a new lathe delivered, but the extras, oh the extras! Plus the vacation!
To make a long story short ;-) and more to the point. The lathe gets used a lot as of late, and the unexpected little milling machine gets a bunch of use also. If I had my drothers, I would prefer to have a couple of sizes larger milling machine. My biggest gripe is that the table travel is, to me, ridiculously small. I needed to mill the outer perimeter of an out of square chunk of 3/4" thick by 4.5" by 5.5" mild steel and I had to do a complete setup for each of the four sides. The milling went quick, what took forever was the set up time for each one of the sides individually. I do love the little thing for very accurate drilling and positioning holes and tapping. You can get precision out of the little fellow if you take a lot of time and work hard enough. It all ends up with what you want to use it for, and if you are anything like me (heavens forbid) you don't know exactly what you will be using it for. If I had to do with either the lathe or the mill, I would choose the lathe, but then I work on telescopes which are round in nature and benefit from a machine that can do round stuff. A milling machine is one of the few machines out there that can essentially make another copy of itself, not so much with a lathe. Good luck with whatever decision you make, and keep us informed of what you decide, and how it goes.
CHuck the grumpy old guy