Curtis,
I have the Warco 290 and am mostly happy with it. One of the reasons I chose it over one of the 12×32 types was the milling head, which I planned to buy at some point as an upgrade to my Sieg X2, This was especially attractive as the Warco version has a DRO which would have then also worked for the milling head, also free power feed in both x and y.
In the end, after getting used to the lathe and going to the Warco showroom for a close look at the milling head, I decided not to:
1. No cross slide lock on the lathe, not a problem for turning, more of a problem for milling
2. There is not all that much longitudinal travel for milling due to where the head is in relation to the lathe headstock. I can't remember exactly how much, but I was disappointed when I measured it
3. I had hoped it would be possible to leave a small milling vice on the cross slide most of the time, but I couldn't see a way of doing it without getting in the way, and moving the vice every time you need to change operations would be a pain
If you absolutely don't have room for separate machines, then it might be worth it, but otherwise I wouldn't. Also worth noting that if I had known I wouldn't end up getting the mill head, I likely would have got the 1236 instead for the lathe part.
HTH,
Dan