Here is a link to a tutorial that may be helpful to you guys http://www.automotiveforums.com/vbulletin/showthread.php?t=697796
As Darin said the results seem to depend of the expertise of the user.
I'm taking notes Tyrone. The plumbing is awesome. I might have to come to Augusta and steal this thing off your bench. It's only a couple of hours away.
Thanks for posting images of your machining setup. I'm interested in getting a lathe, but I would like to have a better understanding of how it works before doing so. Your work is very impressive.