Lathe / Milling Machine Combo

[MuleKicker]

Im looking at possibly adding a 3-n-1 Milling/drilling/lathe machine to my collection. Anyone here own one, or have experience with them? I have an auto shop, and have to admit it would probably be for more of a hobby use than anything. I always wanted to be able to make my own parts. I know there are a few drawbacks with having a combo machine, but space/ budget restrictions prevent me from going any bigger. I am looking at possibly a midas 1220LTD from smithy machine. They run about $2k. I am not an experienced machinist by any means. But I gotta say, it looks like fun. Any thoughts from those with experience?