Mark........you will realize a world of difference from a shopsmith! Fist off, if you get one of these lathes, you are bypassing minor leagues, and going right to the majors, as far as a lathe. Of course there will be the usual learning curve if you are not an experienced turner.
I recommend taking the headstock, banjo and tailstock off for assembly........it will be too difficult otherwise! Just have a buddy come over to help with the weight........2 people can easily do this with a sawhorse or two! Of course you want some help that is without a bad back or some issue that will cause harm if they lift a little weight.
Remember, in a moments time, everything can change!
Vision - not just seeing what is, but seeing what can be!