A decent set of 6" dial calipers is very useful--while you can spend several hundred dollars on good ones, a mid-range HF or similar unit will be adequate for most home shop projects and will run $20-30. I prefer dial over digital only because it always seems the batteries in my digital one are dead when I need them, but that's more personal choice than anything. A lot will depend on the lathe you get--while there's tons of accessories you can get, many of them are made only for one brand, or even one size or model, and while as a broad statement you can often make smaller stuff work on a larger lathe (and occasionally the reverse) it's still often more hassle than it's worth to make adapters or otherwise cobble things together. Kinda like old tractors--not a lot of sense in buying Fast Hitch implements and then getting an 8N. Things like chucks, steady rests, follow rests, tail stocks, tail stock chucks, etc. etc. and even Quick Change Tool Posts or, as noted, live centers, are all best purchased after you've bought your lathe.
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Today's Featured Article - History of the Cockshutt Tractor - by Danny Bowes (Dsl). The son of a very successful Toronto and Brantford, Ontario merchant, and himself quite an entreprenuer, James G. Cockshutt opened a business called the Brantford Plow Works in 1877. In 1882, the business was incorporated to become the Cockshutt Plow Company. Along with quality built equipment, expedious demand and expansion made Cockshutt Plow Works the leader in the tillage tools sector of the farm equipment industry by the 1920's.
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