Ive got one of the "micro" mills from Micro Machines. Probably comes out of the same forced labour camp as the one Grizzly sells.
I use it for milling guards,, and mortise cuts on my handle. The main problem with these second tier quality milling machines is that you will spend alot of time keeping everything tight, running true etc.
The benefit is cost, mine was 550 shipped, a compatable Perazzi would be over 3000.
matt