In terms of pro's and con's they're all from the same place, give or take a little. I know each reseller add their own touch so you need to become familiar with the various features and then distinguish which one comes with what, and what is important, straight away I see the Warco WM180 comes with a thread dial indicator, which isn't expensive, but could be useful to you?
Don't forget to check out SPGTOOLS and also AMADEAL.
I have spoke to and bought from Chester, Arc and AMADEAL, and have always been well looked after. I spoke at length to the guy at SPG at the last harrogate show and he had a fantastic deal on a small lathe.
If your going budget, I'd go for the super mini, I doubt the more luxurious looking models off much more in terms of ability or quality, I went to the model engineering fare and got hands on at the Chester/Warco and SPG stands, and was very surprised by the small size of the DB7VS/WM180 (all basically the same) – I left thinking I might as well get the smaller cheaper models (becuase actually, they're no smaller, and might be bigger!) although the width of the bed might be wider on those more expensive models but I'm just guessing (also at the time, some had 3" spindles, some had 4", so I was looking for the larger of course)
SPG sell basic packages and you just buy the bits you need,I find them cheaper, they're a smaller company so I guess less overheads – you can get a SP2109 for the same price as the DB7VS/WM180, and its actually a larger machine, the next size up DB8VS/WM240 are the same as the SP2109, but as I said, no extras, you could just get what you need, when you need it, or pick things up second hand – you do get the basics, ie a 3 jaw chuck but thats it – I would recommend you buy a fixed and travelling steady with the machine to ensure compatibility there and then but other bits like chucks and tailstock drills are very standard sizes and you'll typically be able to get one from anywhere/second hand
Warco and Chester sell packages with just about everything you could need already included – Also AMADEAL were selling packages including turning tools, micrometers, verniers, all the other equipment you'd need to actually get making something to tolerance which is great for a beginner – you may not understand why some things are in the package until you need it!
Edited By Russ B on 11/03/2016 21:36:09