Referencing the title of the video ("Top Five ......For Beginners): Looking back on my past, based on what I "needed" as I got more involved, the first 5 were:
1. Table saw
2. Router table
3. Miter saw
4. Drill press
5 Planer
My progression was probably quite typical. Started by needing items I couldn't afford to buy ready made based on a limited income and using limited space. First table saw was inexpensive with a sheet metal top and wings. Used it to build self standing shelf units from plywood. Progressed to wanting to put doors on it, so a router was next. Began with hand held but then acquired a cheap table top router table. (Later built a better one). Projects got larger, and the table saw had a terrible fence, so wife bought me a good compound miter saw as a birthday present. (Craftsmen 8" slider that I still use to this day). Income improved, so next step was to seriously up-grade the table saw. But complexity of the cabinets I was building also increased, so I bought a drill press to do a better job of spacing the holes for adjustable shelf pegs, but more importantly, started using European style hinges. By this time the realization that I really couldn't build it cheaper, but I could build it custom to my needs and of better quality, so progressed to rough lumber. Next "need" was a thickness planer, but this step also drove me to hand tools (i.e. hand planes) which filled the needs of the jointer. Also led to buying a bandsaw, but it is still one of the least used tools I have.
I guess my problem with the jointer being on the top 5 list is that from my experience with a table top model, combined with all the posts about them on the forums, is that unless you get a quality one of sufficient size, it will destroy more wood than you produce with it. That means $$$ and space, which many beginners do not have. Guess I view it as a luxury more than a basic tool, although it does perform a basic function.
Depending on which way one's woodworking progresses, though, I can easily see where a lathe and a bandsaw could easily move up fairly high on the list. I think Earl (erasmussen) proved that.
Also wouldn't have a problem with discounting the router table altogether as a stationary tool, in which case the next tool for my list would be a bandsaw.
jmtcw
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