Mark, I seem to remember that the promise is two peoples work for one and a half peoples wages, trouble is the government is never in on the deal and steals most of the other half in tax. So the reality is as you say. I managed 34 years (not quite so intense as you describe) before things fell apart and I then found out what the reality was. I must admit they looked after me OK but, with many long months to reflect on life, the 34 year fog seemed to clear somewhat. I am personally pleased to say that having got off that particular "train" I am much improved and looking forward to a few years of "playing with machines". Some of my ex colleagues were not so lucky.
It's these slightly larger mills that confuse me to. Apparently a bargin if you compare them with the traditional industrial machines, however they do look B****y expensive if you compare them to the "hobby" offerings. I'm not sure that =A33Kish would actually buy much in the way of reconditioning unless you happen to know a "man who can". It would seem to involve a fair amount of hard work and nobody seems too keen on that at the moment. Or, of course, access to some expensive machinery which is probably working flat out making penny washers.
In my other interest of kitcars, the word seems to be that the industry is having a very hard time and expects some high profile failures this year. Unfortunately for us, even if the general engineering industry is facing the same problems (and I hope not) I can't see much opportunity left for any "rich pickings". Although, rather than compete with Indian or Far Eastern companies for old machines these days I believe that we would now only compete with the scrapman. As Peter has said before, the problem of chosing the right secondhand machine is much easier if you know something off its' history and care.
Whats this "common sense" thing then? Never heard of it down here.
Best regards Keith