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I love induction motors because they are quiet and the RPM does not slow down under a load. The lathe tool holder that came with the machine is a good sturdy holder but is not as convient to use as the quick change holder. It will certainly get the job done. When you set it up to make a cut make sure that the tip of the cutter is on center. If you need to align the drill chuck precisely put a metal dowel pin in the tailstock chuck and rotate a dial indicator around the pin. For general work requiring less precision, chuck up pointers in the headstock and tailstock and line them up.