I've been wanting to upgrade to a bigger and better lathe for some time now. I've looked at about every lathe you can find. But I had a chance to play for a minute on an old Oliver model 159 at a club meeting recently and it was the smoothest lathe I've ever seen. Does anyone know much about these lathes, where they can be found (I know they're out of business but I've been searching used equipment sites with no luck), and any pros and cons of a machine like this?
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