I have a Novakon Torus Pro, which is very similar to the Smithy. Before long, I expect to add a second one. Personally, I think this machine is in a whole different class from any benchtop machine, or any converted manual machine. It is more massive, with beefier castings, as it was designed from the start as a CNC machine. Not sure about the Smithy but the Torus Pro comes with very good quality zero backlash ground ballscrews, which are FAR superior to the rolled screws commonly used on conversions. The result is a machine that can be pushed very hard when needed, but that also consistently turns out precise parts. I rarely, if ever, find any parts that are off in any dimension more than +/-0.001", and those are generally in places where I simply didn't take the time to do proper finishing passes. When I do production runs of my products (I manufacture PDBs and ATCs that are sold by Novakon), every part comes out exactly like every other, day after day.
In short, if you can get the Smithy for $6K, assuming it's in good condition, you should jump at it.
If you don't need such a large machine, take a look at the Novakon Pulsar. I have one of those as well. It is also an excellent machine, and will do almost any cut the Torus Pro or Smithy will do, the primary difference being just shorter travels, and smaller overall size. In terms of quality, it is one of the nicest machines out there right now.
Regards,
Ray L.