While I agree with Alex that the Myford is so much a better moshene and would be one of my choice, we don't all have the luxury of space to house it.
A thought that was very much in my mind when my dad offered me his before he sold it, I had a Wadkin in the factory so didn't need it at the time, my shed is a wooden floor so not practical in there.
This little thing can be moved to a bloody bedroom if it comes to having nowhere else to work, it's no noisy or bigger than the wife’s sewing moshene init?
As for accuracy that depends on how it's set up and maintained, I have just put my little lathe through a gruelling workout that it is not made for and now in the process of stripping it and resetting it after a grand clean up.
Don't make the mistake of thinking you can use it straight out of the box, you will be moaning about it, take the time to get it right first.
It will come full of manufacturers crud, when you think you have cleaned it all off, think again.
Strip it down and get familiar with it clean it up properly and put it back together measuring everything as you do.
If you are gonna use for years give it some care.
