I'm getting the Eagle Mod fashion lathe(with v-blocks) in 7 days, I'll post some info and pics once it arrives and I try it out.
When you get a lathe make sure you get v-blocks instead of BB's.
The only problem with the fashion lathe is that the V-blocks can't be bought anymore, so when they start to wear out(which will take a long time) it's probabely better to think about selling it on(unless you can get some v-blocks fabricated for you).