Tools ... lathe / mill

Anyone own / use one of these? Yea, I know, it's cheep, not gonna make parts for a heart valve... Not willing to spend $500.00+ for a mill and a lathe to make simple model parts.

http://www.harborfreight.com/cpi/ctaf/Displayitem.taf?itemnumber=40101

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Its going to be pretty junky. Parts wont be very true. Also, the only metal you could actually machine parts from is white. No aluminum, brass, or steels.