Here is what I wrote back in Oct 2013 (wow, I didn't realise I'd had it that long) & I still stand by what I said.
The price has risen considerably since then. If I were in the market now, the best value for money is the Record Maxi 1 M33 thread with a 21" swing over the bed as opposed to the 1628s 16", @ £2000, sometimes less.
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axminster-1628-v-s-woodlathe-t74016.html?hilit=1628
"Having upgraded to the AT1628VS I have two minor gripes.
There is a cooling fan for the electrics, permanently on whilst the machine is powered up (probably the noisiest part of the lathe), meaning that it has to be unplugged/switched off if you leave it for any length of time, & secondly, the display panel attracts dust like a there's no tomorrow. Although there is a thin polythene covering, it soon gets tatty & the dust gets underneath. I may try a screen protector, the type that is used on mobile phones & tablets.
As to the weight (96kg), I had to get two strong friends to carry in the lathe bed with the headstock centralised & the tailstock removed - & I used to be able to carry 50kg bags of cement. It was then rested on a workmate with a couple of offcuts of wood to adjust the height so that the legs could be fitted. They need to be lined up fairly acccurately for the bolts to engage the threads tapped into the underside of the bed. The lathe then had to be inched into position, one end at a time. I would estimate the legs to weigh 40kg each, or perhaps a bit more. Considering that it's only 710mm between centres/1150mm overall, that's some weight compared to lathes with a longer bed (Jet 1642 = 1760mm/200kg).
The legs make the centre height 1160mm (45 1/2") approx, which I like but others may not.
The headstock on the AT1628VS both swivels & moves along the bed where as the Jet 1642 doesn't look as if it swivels (but I'm willing to be corrected on that).
The AT1628VS is my third lathe, The first was the small 12" Record RPMSL which is still going well in the hands of a friend. The second was the Draper WTL90 which has served me well for a number of years & is currently for sale only because it couldn't cope with the large size of the timber I am now being offered.
IMHO, what this lathe offers is probably the best value for money at the bottom end of the heavyweight lathe market. 400mm capacity is a hefty chunk of wood - & the size can be increased to 870mm with the addition of a bed extension.
It will take a better turner than me to stretch this lathe's capabilities."