I use 110v tools. The only downside of them is carrying a transformer (the yellow box) and extension leads onto jobs, much more bulky than 240v and no transformer. But I assume for most people on here that's not an issue in the workshop.
In my workshop I have a large, heavy 'proper trade' 5kv transformer which never moves from there and that's big enough to run multiple machines at the same time. I've seen them at tool fairs etc 2nd hand for around £50 to £100. I use smaller ones for out and about stuff.
As has been said you can buy new chinese 3KV transformers for under £50 now and they're lighter than the old ones ones (although doubt they'll last as long as the heavier European made ones).
If you've not used 110v stuff There are upsides to it;
they're safer than 240v if you get shocked which is why they are mandatory on building sites. (although modern trip switches on 240v have lessened the dangers).
the yellow extension leads tend to take more hammer and last well.
And, more noticeable than you think, the sockets and plugs (round yellow ones) don't burn out as much, no plug fuse to blow and they're so tough they rarely break even when thrown about or stood on.
I'd say 90% of my stuff is 110v, it's a good system and I'd recommend it to you for workshop use.
Peter
Oh and I forgot to say Happy Christmas :ho2
] and this little toy ops I mean tool http://www.deltaportercable.com/Products/ProductDetail.aspx?ProductID=11068
