Many thanks to all for the feedback, please keep it coming!
Phil, thanks for the advice via the PM; the Penn State that I'm looking at actually has more HP than the Grizz, and is variable speed to boot, even though it is in a smaller package.
Jerry and Woodartz - that PM 3520 sure is a nice looking unit - definitely top of the line and thanks for the referral. Right now, I'm sorta "dipping my toe into the water" so to speak regarding turning, and I don't really want to drop 3 - 4K on something that may sit unused a great deal of the time. That's one of the reasons why the Penn State unit is so attractive - it's small yet powerful, and I won't have to invest a significant amount in a tool that may gather a lot of dust!
Salem, that Delta 46-460 looks interesting. FWW rated it as "best overall" in the same review as the Penn State (which was rated as "best value); however they showed it's street price as $750 versus $480.00 for the Penn State with the extension. The Delta is reversable though (the Penn State is not), which is a factor in it's favor. However, with the bed extension it is about $220. more than the Penn State. One question that's in my mind is if having a reversible feature is worth the extra $220.00?
Jim / Mike / Gary / Salem, et al: As always, thanks for the thoughtful advice. Right now, I guess that I'm vascillating between the Penn State and the Delta... It looks like they include pretty much the same accessories with them; just more $ for the Delta. I think that I have a 30% off coupon code for the Penn State though...
How important is reverse on a wood lathe?