I've got a Chipmaster I run off single phase 240 V via a 5-HP VFD. I think the motor is rated 3 HP. I have 60-Hz power, but the VFD is set to 50-Hz so the variator handwheel reads correctly (though I've never checked the handwheel indicator for accuracy). I had to add a braking resistor to avoid over-voltage faults when decelerating from high speeds. I've run the Chippie this way for over a decade, with no problems. It's nice to be able to dial the spindle speed way down using the VFD, such as when winding springs, but most of the time the VFD just chugs along at 50 Hz, and I change speeds with the variator.