To be the devils advocate and pitch plan B Eric - radical DIY to get both a high performing system, and keep the cost down. (you're familiar with most of this by now I'm sure - sorry to keep on repeating the mantra, it's for others too)
It's true as you say that if we could invent much improved machine hoods that the job can be done with much less air, but given the state of the hooding and ports on most floor machines, and the basic problems some present it's not easy. Another option is to decide 'to hell with that' and 'go for the cubes' as our US friends say.
So far as I can tell these are the essential elements for a DIY 850cfm LP system. (LP won't deliver enough suction to replace a vacuum on power tools) Add a bit of ingenuity and care in choosing parts and sorting out an effective layout and it should deliver a flyer.
While the Pentz cyclone is tall (unfortunately this may also be why its said by many to perform better on fine dusts than the other comparable units on the market) I think a mobile unit may even be feasible if the fan is relocated off the top of the cyclone, and a lower chip drum is used.
1. It takes about a 3hp (mobile version of the Pentz system = short hose?) to 5hp (double garage sized ducted shop system = longer ducts) blower with the correct impeller. A 15 or 16in dia impeller for the larger size motor is available from Clear Vue in the US for about $250 plus shipping:
http://www.clearvuecyclones.com/index.p ... &cPath=2_8 , and the rest of the fan is DIY from MDF from Bill Pentz's drawings:
http://www.billpentz.com/woodworking/cyclone/Blower.cfm. It may be possible to dig up an impeller to suit a say 3hp or thereabouts unit as a spare part from Axminster or the like for use on one of their mobile cyclone units.
Or with some digging you may find a used single phase fan and motor giving a similar pressure/cfm curve to that listed on the Clear Vue site.
Either way read Bill's notes on matching impellers to motors - there can be pitfalls. Keep the ducting on the short side of what Bill recommends too as the 2,850rpm/50Hz motors we get here tail off a bit on performance at higher pressure drops (= longer duct runs, over say 9in WG) compared to the US 3,450rpm /60Hz motors he tested with. Over 4hp doesn't seem to be normally available over here on single phase either - with I suspect the current draw on start up being the limitation given our much lower 60 - 80A supplies.
2. It takes 6in dia ducting and hoses to flow the required 850cfm or so, but this is widely available. The cost of a short hose for use on a mobile unit placement beside the machine will be minimal. Spiral ducting from a manufacturing HVAC supplies outfit seems to be the cheapest for a ducted system. (stay away from the guys re-selling/selling branded stuff) Machine hoods usually need opening up to suit too - see Bill Pentz's page on this topic again.
Don't use this size duct with an undersized fan - it probably won't move the air fast enough (over 3,800 feet/min) to prevent blocking.
3. HEPA 15 cartridge filters are needed to capture the fine dust - 2x dia 13in x 26in long minimum. There's several UK cost effective sources for these been listed recently here, and there's lots of info on suitable cartridge types the Wynn's (US) web page linked from the Clear Vue site.
4. The final major cost is a cyclone that drops out very fine dust, as without one the filters will blind up too quickly to be economical, and may be damaged by chips. Mine cost a bit over €220 to get fabricated locally in zinc plated steel, but they are easily DIY. There's drawings (with size adjustments for differing HP levels) on Bill Pentz's pages.
Google Clear Vue forums to access lots of information and photos on many people's experience of building and installing the Pentz/Clear Vue system. I've been asked to post photos etc of my install - I'll do so in a few weeks when I get started on fitting the ductwork and can pitch it in some sort of order.