I recently purchased the Integy mod fashion motor lathe and it works great for the price. When I was looking for lathes about a month ago, this one was the cheapest i could find. It comes with v-blocks, and can take both kinds of cutters (has slot for cutter on both sides. I bought it for slighly under $90. It also comes with a carbon bit, motor spacers, a hex wrench to adjust the armature width, cutter spacers, and two belts. I havnt noticed any difference compared to the other racers lathes.
1989 Mazda Rx7
greddy t04b, megasquirt ecu, PlX wideband, 12x28x3 fmic, 50mm hks clone wg, ssqv bov, Safc, ss oil lines, walbro fuel pump, tubo intake manifolds, ssac exhaust manifold, 3" dp, 550cc primary/720cc secondary injectors, etc.