Anyone wishing to upgrade to a spindle and not sure of the dollars to do so, here is a lower cost way of getting a spindle. I decided to take the chance 3 months ago with a 3.3 hp water cooled auto-tool changer. I set it up for now as a push button changer. The cost of the spindle was $3400 and the water chiller to go with it was $300. When I was considering the upgrade, the 3hp collet spindle was about $1200. I did a lot of research on the different types of china made spindles. Some are better built than others. If anyone is interested in the water-cooled option, sent me an email. I will direct you to the company that i got everything from.
can't get a picture to upload so if interested look here. I am very happy I took the chance. especially on the auto tool changer
http://s465.photobucket.com/albums/r...Picture605.jpg