Nice one, I'm jealous of the variable speed and low end speed (250 rpm)
Lathes are a bit like chainsaws, once you start turning it's very hard to stop and then there are all the wonderful accessories, like chisels, centres, chucks, steadies, toolrests etc to buy and/or make
I have something called a Woodfast. (6 speed). I have given it a really hammering in the one year I have had it. I find it very useful for turning tool handles and I also turn plastic and brass on it, buffing, polish stuff etc.
Anyway, Good luck with yours and looking forward to the output!