I have a T-7 2000 the green one.I do have most of the jigs.I bought them over time. I like my tormek when this stone wears down I'll get the t-8.
Ive been using it to sharpen my jointers knives it does take time but they come out very good.
I've got a T7, and a whole mess of jigs. It's fantastic if you turn a lot. I used to turn as my source primary source of woodworking fun. I have sharpened chisels with it in the past and have had good results. However it creates a hollow grind which I don't find preferable for most cutting edges. It's irreplaceable for turning gouges and tools that have a radius edge like a scorp.
I think others have offered excellent advice. Terry hit the nail on the head regarding construction costs. I think any possible benefit to any shape other than rectangular would be outweighed by costs.
One thing I would add into the good advice here is to plan on change. Try to add in as much flexibility as possible by locating as many outlets as possible for both 110 and 220. I've held off installing dust pipe for over a year because I wanted to get several projects behind me to see what my best layout could be for the space I'm in. Your best idea of machine layout will most likely change once you move in and use it, and if not will most certainly be added on to over time.
It's a fun challenge - good luck with it!
This one is beech and walnut with a simple shellac finish. Kind of the plain-jane side of the coin from your really cool version. The purple heart and maple combo really makes yours pop. I may steal that idea for some upcoming Christmas gifts.
The original is from Woodsmith Magazine (in case anyone wants to go looking) and included being split down the middle. The legs are solid underneath and act to hold it together and as the base for the candle cups to set on.
Like a lot of pieces of this sort, the setup is the bulk of the work. I added thin felt "dots" to the feet to protect table surfaces as most folks seem to use them as centerpieces for special occasions. A bit of holly or a small pine bough and presto, it's Christmas. A small colorful gourd or two and its Thanksgiving. That sort of thing ;-)