I have that lathe, and they list 1-1/16" Bore, but mine doesn't quite measure that big.
If I remember correctly, its just a couple thou bigger than 1".
I think it might be just big enough for 1" stock, I haven't tried yet though.
I can check if you would like.
The free shipping has been that way as long as I can remember.
I bought mine in middle of 2007, I think it was one of the first models with the digital readout for rpms.
Couple things to be ready for is getting either the mini fuses on hand that it uses(pain to get locally if not impossible)
Or just get a whole new fuse holder and regular fuses.
Me and the other guy here on the zone that I know has one both had problems with the fuses/fuse holder.
Also, recently the magnetic switch stopped working, I got a replacement that's not quite the same but works from Grizzly.
And maybe consider a QCTP that's ready to go from them if you don't feel like doing some modifying.
Get the cleanin' rags ready, and don't forget to order yourself some way oil.
G'luck, & don't forget to post pics when you get it!
Best Regards,
Andy