I have being looking for a cheap / economic wood/metal lathe .. but only can be found in other country.
In Malaysia, the lathe they got is either for industrial used or too expensive to buy (budget RM200 - RM300)eg, multifill - RM2K (Wood); HT Technologies - RM4K (metal)
An interesting lathe (produced in china) for education used 12V motor which comprises of mill, lathe … (6 configuration) and good enough to make lures.. again where can I find it in Malaysia ???
cheapest wood lathe machine available, it is free and can be accessed/used/abused at Simon Lee’s workshop. He even buys lunch if you happened to catch him at his workshop.
on the serious front, how about a lathe tool used by rod builder to sand and shape cork and eva foam for rod handles? I believe that it will work if the motor is to be replaced with one of higher turning speed. Have seen one made with the use of a electrical motor from a sewing machine, it even has a foot controlled speed regulator.