I bought a Tormach 1100 in December 2010 and I'm very impressed. Obviously it's not a production machine but I've knocked out a lot of work with it and as a machine you can get up and running with quickly I don't think you could go past it as a first machine.
If you were planning on running big batches of parts definitely go for the power drawbar or the ATC which should be available soon but for prototyping or jobbing work, I find it's great.
It was my first CNC machine and I've since bought a Cincinatti Sabre 750 that I'll use for bigger work but the Tormach is a gem and won't be going anywhere.
If there's particular things you'd like to know, feel free to ask and I'll answer if I can.