Hersh -
coming from a pair of Tormachs (still have them - 1100S3 and 770M) I picked up a TM2P 2 weeks back, used.
Machining nothing but 304SS on it since we plugged it in. Really a huge leap from the Tormach products - huge. I doubt you'd be disappointed with a TM1P. I'd recommend chip auger, WIPS if you can (I don't have it and wish I did), and 10k spindle (thought the 6k has been fine for me thus far). Have 4x Kurt DX6 across the table and will probably add a 5th soon. Cool machine, really.
Enjoy,
WW