Dave,
Yours is a later version than mine, but I have never had one regret since I have started to use mine, except for one. Like another person that I know with this size lathe, the caps for starting the motor gave up after about 6 months, but my supplier just sent me a replacement motor by overnight courier. I still need to get the old motor fixed, just in case.
Just make sure you go over it with a fine toothed comb and set it up exactly how you want it, give it a good drink of oil every time you come to use it, and it will serve you well for many years to come.
I don't think you will be disappointed with your purchase.
John