Yeah, those tires were a score!
Good points are being made about both machines and I'm in agreement with Pete as I use Sherline products too and have for well over 15 years.
The customer support (although rarely needed) from Sherline has been nothing less than excellent.
The price being higher is an understandable concept to buy the cheaper machine.
But the reality is in the long run the Sherline would turn out to be a better value and more cost effective, possibly even cheaper. The Sherline products are easy to maintain and upgrade if needed.
Also, being easy to use means you'll use it more and get more value from your investment.
Why not buy something that is proven to work right out of the box than getting a cheaper product that might need be modified by installing parts from the proven machine at an increased cost?
The value of quality lasts far longer than the twinge of the higher initial cost.