Picking the right wood lathe can only be done by knowing exactly what you want it to do, and know what each type of lathe can do. Generally speaking, the more speeds the better.
If you are turning large diameter stock or roughing out you need to use a
slower speed and the smaller the diameter & as you finish the piece, the
faster you can go. Some variable speed models can go from zero upwards.
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Woodworking Tool Reviews