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I am selling a Myford ML8 Lathe, so I am biased. I have had my lathe for 30+ years and I have never had to fiddle with alignment. This machine was built in the days of "proper engineering", so the machining and tolerences are fine. If you want to turn pen blanks you would use a much smaller lathe. Wood turning is more "art" than engineering and regitity is only relevant when turning really long/big stuff.
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Do you still have the Myford for sale?
 
I started with an Axminster AWVSL1000.

Good value for money with a large capacity - the reason why I bought it in the first place.

However quality of castings and finish inevitably suffers. The "variable speed" is actually 10 speed Reeves drive which occasionally gets clogged with dust.

Has since been replaced with a Record Cornet Herald. Better finish, proper variable speed, wider speed range, takes up less space as the bed length is reduced. Overall a much nicer machine to use.

Personal view - buy quality if you are looking to the long term - otherwise accept you will want to change again in a few years. Proper variable speed essential - adjustment takes seconds, not stop the lathe, adjust belts, start again.
 
Love the idea of concreting hollow bars - brilliant!
I’ve heard of this type of thing before. Best avoided, they rust from the inside out. Dry silver sand might be better and can be easily removed at a later date?
A better idea I’ve seen, and whole CNC machine beds have been made with it, is “Epoxycrete”. Epoxy and the filler of your choice, normally gravel. Not cheap though.
 
Patio sand is cheaper than silver sand and very similar; it runs freely. Just make sure the bag has not been punctured and allowed moisture in.
Personally, though, I would avoid round bedbars if I could and stick to cast iron flat bed, even if it costs more.
Just my opinion - avoid Axminster red models unless very cheap.
Try to get a lathe with M33 x 3.5mm spindle and MT2 tapers in headstock and tailstock.
Spindle thread not too important as long as your chosen chuck can be upgraded to M33 (insert or backplate) at a later date when you upgrade your lathe. You will!!
 
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