Brian, it all depends on what you are planning to do! I have the MicroMark mini lathe and it is a great little machine. If you plan to convert to CNC at some point, the screws won't make a difference if you go with new ball screws. The longer bed was important to me since I ream a lot of holes and needed the extra length for longer reamers. How much smaller is the chuck? How large diameter parts do you plan to make? Steady and followers are not expensive and easy to make if you need them. I've not had a need for them on my lathe.