There was another thread I posted some pictures in, but since I cleaned up before my back surgery I thought I would post in this thread. I am fortunate to have a large workshop. I am satisfied with my current arrangement. I placed my lathe where I have access all the way around and end for when i move the headstock. My chisels are behind me on the wall of my bathroom. I can reach any tool without having to reach over any sharp end and grab the handle. I utilized as much space as practical with peg board for saws, scales, wrenches, sanders, magnet pickup, and more. My DC is a 3hp re-configured Jet 1900 with a cyclone venting outside. 6" metal wyed with 4" port to each lathe and a Rockler floor sweep with 15' of hose.
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I built a ballast box below the lathe that has 280# of sand. Above the sand ballast there are three pull outs that have my centers, tool rest and few other things.
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I have a multi drawer cabinet that has my drill bits, hollowing bars, sanding disc, etc. Above that is my vacuum pump and the switch box is magnetic and is put on the top of the headstock when used.
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I have a homemade counter top bench just to the right that has my mini lathe and sharpening system.
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I initally had my chucks in the pull outs below the lathe ways, but they were too much weight for the cheap drawer slides. So I just store the on this cart.
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I happy right now with this arrangement, but always looking to improve.