I have to include in that $3K all the tools (vises, clamps, bits, etc.). I can get that R45 clone for ~$2K, a small HF lathe Mini Lathe - 7" x 10" Precision Mini Lathe for $400, with $600 left over for ancillaries. I can get Randy's HF 3-in-1 for $1,600 and have $1,400 left over for "other stuff".