That's some cool stuff. I bought a wood lathe last year, still have yet to use it like I want to. I was planning on making small bats or attempt at bowls. Key word attempt.
Lathing is where I started. Cheap used thing. Ran it making harry potter wands for the kids until I blew the motor. They are a ton of fun and you learn a lot about what woods will and won't do. It's also hypnotic and relaxing (except when something breaks, lols).