Simon,
To add to the above, all of which I agree with, if you find a decent Super 7 at a price you can afford, it is a decidedly superior machine. Among other things, it has a more robust headstock spindle bearing, a countershaft clutch, a longer cross-slide (useful for milling), a far superior topslide design (the ML7 one is particularly inept as its rotation is limited), re-settable dials, and a leadscrew handwheel (an order of magnitude more accurate for setting the saddle).
Oh, and one other important thing to look for, whichever model you are contemplating, examine the inside of the headstock taper carefully. Having made sure it is clean of nasty sharp swarf (and if the owner leaves swarf in there it is not a brilliant sign), carefully stick you finger inside and rotate. If you feel any scoring or roughness it is a sign that the taper has been abused quite badly, and as it is hardened it is virtually impossible to cure. The tailstock taper is less crucial, as (a) they are not hardened, and (b) in the worst case, they can be replaced without too much difficulty. They are also far more likely to suffer scoring from tooling which loses its grip (mainly drill chucks) and it isn't quite as much of a black mark against the owner
David
Edited By David Littlewood on 14/11/2012 12:08:27