Thanks!

My shop space is about the same size as yours. It's currently occupied by a motorcycle and a half-built gantry router as well so there's zero space available.

Containing the swarf is a really good idea. It means a larger bench though.

I'm using a drip coolant system. Flood is currently out of the question.

My compressor and shop vac are the loudest things I have. I have to turn the compressor off when I'm using it for misting otherwise I tend to jump when it fires up.