The Micro mark 7x12 is a homier 7x12 is a HF 7x12. They are all made by SIEG in Shanghai. The Homier costs $300.
Is the motor fitted? you can't see that from the picture.
You are making a PWM 120V 250W DC motor controller for $15? Cool, how? I searched the web for circuits for higher powered PWM DC controllers, but found nothing over 12V and don't have the skills to design my own.
You could order one handle and then use the lathe to turn one for the tailstock.
Make sure you visit
www.mini-lathe.com and do all the deburring and lapping suggested. Makes a big difference to the machine.
If you are here, you are probably interested in CNC. Before you build up the machine, I'd recommend you address the bed thickness as described by Rick Kruger here.
http://warhammer.mcc.virginia.edu/ty...s/Bedways.html