Hi Kevin, I have recently bought a Warco 250 lathe and have now got it onto its stand and have been practicing using it .I haven't had so much fun for a while now. It's a great lathe.
Make sure you buy or make a decent bench to put your new lathe on and after checking all the usual things like nuts and bolts being tight etc, run your lathe to make sure it runs smoothly at all revolutions. the first one I bought was smooth running through the first part of the range then it started to oscillate, as opposed to vibration, about 0.070" when measured at the top of the safety guard. As the revolutions increased the oscillation decreased steadily up to its maximum speed. Eventually the company exchanged it for me and the new one was perfect
.I did confirm that it was something to do with the headstock as I made a set up to run the headstock shaft independently from the lathe and it still was oscillating.
By the way my stand was two cabinets with a marine plywood top made from two pieces of 20mm ply screwed and glued together with a resin glue. It was cheaper to buy an 8×4 sheet of ply than to buy some 10mm steel which may not have been flat and true. In hindsight the cabinets were a bit pricey for what they were.