If you're working a lot with wood, then a Sears Craftsman 15 in. Variable Speed Wood Lathe might come in handy. Sears is one store that carries a couple of nice wood lathes by Craftsman and Jet. You can find large wood lathes with stands as well as smaller, portable models. These wood lathes are very sturdy and made in durable materials such as heavy duty cast iron that will stand up to a lot of stress.
If you're looking to take on more wood projects and you don't want to be limited by your equipment, then investing in one of these units could definitely be a good idea. All of these lathes are very durable and substantial and you can find units in various sizes. To buy one of these would be ideal if you have a dedicated wood shop or perhaps use the garage, since some of these lathes do require a bit of space, however if you do have that, then you would be all set to go. Sears is definitely a nice home improvement stores and their Craftsman brand can't be found anywhere else. So if you really like Craftsman equipment, then checking out Sears would definitely be the way to go.
Craftsman 15 in. Variable Speed Wood Lathe with Bonus Accessories
"Complete lathe package for the serious woodworker. Includes 15 in. wood lathe, lathe stand, copy crafter, bowl turning rest and turning tools (roughing gouge, spindle gouge and parting tool). Lathe 2 hp max. developed induction motor with variable speeds from 400 - 2000 rpm"
Jet 16 in. x 42 in. Wood Lathe, EVS PRO
"This versatile 16 in. x 42 in. EVS PRO Wood Lathe features heavy-duty cast-iron lathe bed and legs for added stability and limited vibration, along with an electronic inverter that lets you operate the machine at any speed from 0 to 3,200 rpm. A digital readout allows the operator to dial in the desired speed for best results."
Jet 10 in. x 14 in. Variable Speed Indexing Mini Lathe
"Features a Heavy-duty cast iron lathe bed which adds stability while limiting vibration during operation. A heavy-duty cast iron headstock and tailstock provide rigidity and strength for long tool life. Convenient adjustment handle tilts the motor while changing speeds."
Craftsman Mini Lathe
"Compact, yet powerful lathe offers a 12-inch spindle capacity with a 4-inch bowl turning capacity. 1.4-amp, three-speed motor turns at 1,350, 2,250 and 3,500 rpm no load for rough to fine finishing. Features #1MT spindle and tailstock taper and ratchet style locking handles."
These lathes can be found at sears.com