@TorontoBuilder , newbie question here, your Jackson mill certainly wins the charm award but are there any advantages-disadvantages to a mill like this over a newer design?
Okay, so I'm a newbie too but let me see if I got most of these right. We need to differentiate between knee mills, round column mills and square column mills.
Knee and square column mills have the clear centerline registration advantage. The head rotation around the axis of the column when the head is raised or lowered can shift the centerline, which is a disadvantage.
Knee mills usually offer greater travel in the x-y dimension which means larger working area without having to reposition workpieces.
Older small knee mills are way less expensive than newer larger square column mills on the resale market. Hence why so many find the round column mills attractive.
At 700 pounds small knee mills usually have larger heads and columns so their offer greater vibration dampening, and less chatter cutting as a result. Larger motors and more power can be fitted on more robust mill. Single piece column and base versus two piece square column mills.
The cost to purchase an older mill can be on par with that of a round column mill.
Downside... older mill likely has older style collets that do not have the same capacity of new R8 collets. May be issue if you want to use a large facing mill
Potential downside, may need work to restore tight tolerances, lack of manuals and OEM parts. Mine for instance had an oil filled column with open bearings and oil seal. The seal seat is worn, the oil was leaking and new seals and possible repair needs to be affected, or a conversion to permanently sealed bearings needs to be made.
As far as space is concerned, my opinion is buy the biggest machine you can fit into the space.