Hi guys,
I am completly new at this, and need to start somewhere. (Ok, I did take machine shop way back when the wheel was invented, and remember a little but...)
I am looking into picking up a Busy Bee 10 x 18 B2227L Lathe. I read through most of the posts regarding this lathe, and see that a few own it, and are on the whole pretty happy with it.
My questions are, what are the things I need to buy initially with it ( i.e. cutting tools, holders, etc?, I'm not sure what it comes with) to do simple things like threading rod, and turning down bar stock. Also, any other first hand advice and experiences you want to share about the setup, and things to watch out for?

Thanks
Paul