OK - responding to several bits here...
As Fergie 307 says, something like the Drummond (or anything on its own stand) is a no-no. My workshop (mainly a woodwork shop) is 3.8m x 2.7m (sorry - smaller than the 15 sqm I mentioned above). One side has work surface the full length with space below for things like table saw, p/t, router table, scroll saw, extractor (all on castors to move out when required). Full width windows this side and power sockets above.
Across the back is my lathe (off its legs and mounted on a storage cupboard.
Down the other side is a long "chest of drawers". These are all modular, 60cm swuare and hold a big variety of stuff. Full width doors at the other end.
Any lathe will have to go on the long chest of drawers. (Which otherwise has a tendency to collect junk!)
"I can't imagine turning bells requires enormous accuracy" Well... yes and no! The main part of this job (answering Owd Jockey) is to clean up bells cast by my Junior School "MiniRingers Club" each year. This club runs through the school year - and it culminates in the casting of bells. (Gosh! Surprise! - they don't get to pour hot metal - but they do prtty well eveything else.) The patterns I am using are genuine handbell patterns (we think, Warner's c. 1900) - and they are far too thick. This makes the casting easier but, till a fair bit of metal is removed, they won't "ring".
All of that requires relatively little accuracy - EXCEPT that, if the walls of the bell are not uniform, then the note of the bell "wows" unpleasantly. We try to avoid that. These bells are all cast in brass because it is both easier to pour than the proper bronze (a high tin content alloy - 30% tin) but it is also far more readily available - and cheaper! I have bell metal and use it for my own purposes. It is't half gloopy to pour though!
This is where the accuracy comes in. If I am making a proper tuned handbell, I am trying to tune it so that it vibrates to within a couple of Hz of the right notes. A handbell is tuned with three significant notes (the Dominant, the Hum (an 8ve lower) that the Tierce (a 3rd higher), all tuned at different points of the bell. I wouldn't dream of doing this final tuning with any cutter - 400 grit wet and dry is my toy for that. What I need to do is (in a relatively rough and ready way if necessary) to reduce the wall tickness from around 4mm to around 2mm.
The MiniRingers have a set of commercial handbells - 2 chromatic octaves (25 bells) that are insured for £10,000 - they are not exactly rough-cast and cheap!
The idea of brazing (I don't braze!) or casting a suitable argent (the proper name for the "tang") is very much part of my scheme. The set of patterns I have includes some with exactly what is required: an accurate concentric cylindrical argent. Part of my task for this year (we have just finished this year's casting) is to create a new set of patterns (they are made of aluminium), all of which have this cylindrical argent which will (I hope!) make cleaning them up a great deal easier.
I think Andy's mini-lathe is probably too small.
And, Richard_C, yes, I have tried, but with little success. I think that part of the problem is that, to do anything inside the bell, I need too long a reach - and it starts bumping around alarmingly! I made up a set of "wood turning" tools with carbide tips. From what I've been reading, I suspect I may have done better with HSS. I'll have another bit of a trawl.
Thanks, everybody!