> A lot of people seem to modify or alter the far eastern M/C's so if they were that good why?
I have to take issue with that. Anyone looking back through Model Engineer for the past sixty years would discover a huge resource of modifications and improvements to Myford lathes. I don't think anyone would deny that regardless of their quality, neither ML7 nor S7 are 'perfect'. There are even features on cheap imported lathes that some owners have retro-fitted to their Myfords.
For those on a limited budget imported machines do provide an easy route into the hobby with the confidence of dealer support and a warranty. I bought a returned stock' mini-lathe from Machine Mart because that was all I could afford, even a second hand machine was beyond my ambition with newly acquired mortgage and baby on the way! It meant I could get into this hobby in my late 30s, instead of waiting for retirement as I had otherwise thought.
Yes, I have now spent enough to have bought a second hand machine on 'upgrading' it, but in all honesty, aside from skimming brake discs, there isn't a single job I have needed or want to do on it that I can't do.
There was a time when I would have happily gone to a Myford. Now I've seen more machines I would probably go for a Boxford AUD or a 9" swing variable speed import, but quite honestly I have no need for such a beast!
The limiting factor on what I can achieve has always been my skill, not my lathe, and I suspect that is true of 90% or more of hobby engineers.
In a very true sense it doesn't really matter what lathe you have, it's what you do with it that counts.
Neil