First, some context: for the last couple years, my "shop" has been the back porch, complete with Workmate and assorted portable power tools. I've commandeered a roughly 11x11 bedroom for my new shop.

Currently before the budget committee are a Grizzly GO513X2 and the "2 HP" dust collector from HF. I'm waffling slightly on the bandsaw model (started out trying to decide between the 14" at HF at the GO555!).

Next up is a router table and at some point a drill press. That's about all the stationary tools I want in such a tiny shop, so the rest of the acquistions will be hand tools and router bits.