Thanks everyone!
A few of you have expressed some interest in the Lathe I bought. It's a Mini Tech Micro Lathe and by far the best value Lathe I could find. I got it for about $800 Australian. The company is located in Brendale in Queensland, Australia but I think they ship everywhere. Here's the Website if your interested:
www.minitech.com.au
I'll have more updates on the Jag after the weekend.