Well, you can do everything with a cnc mill that you can with a manual, but not vice versa.
A cnc mill will permit you to use power feeds at known feedrates in X and Y and perhaps Z if you go 3 axis. This beats those corny add-on power feed units. These add-on power feeds are actually quite expensive considering all that they don't do: unknown feedrates, no positioning information, unless you tack on a scale kit.
Generally, whatever you do with a manual mill you can do on a cnc by holding in the jog button for a particular axis, and modifying the feedrate to suit your whim. With a little bit of study of the way your cnc works, you can soon feel quite comfortable running it, and doing work on a higher level. You might like to have manual control of the Z axis (on a 2 axis cnc), as this gives you sensitive feel for drilling, etc.
The cnc will also lessen the need for you to buy a horizontal rotary table for common tasks like drilling bolt circle patterns, milling profiles with angles other than 90 degrees, etc.
First you get good, then you get fast. Then grouchiness sets in.
(Note: The opinions expressed in this post are my own and are not necessarily those of CNCzone and its management)