Like you said South, It will spoil you. As a full time bowyer,I can't let my tools hold me back. It is a fine balance between affordability, accuracy, speed and power availablity. I know you already know that.
If I would suggest a lam grinder to a hobby builder,it would be the Grizzly baby drum.
Take care of it and it will serve you well.
It is not crazy money and it will do a good job.
OR
I would keep my eye out for a good used machine.
Good luck
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