Thanks for all the advice and no, I'm not planning to skim drums or anything that big.
The machine will be used to make spacers, spindles, nut and such with possibly a bit of milling. I will also be using it to be able to incorporate metal components into woodturning projects and to do decorative work.
I spoke to Warco yesterday at length and have settled for this.

It's a bit more than I had budgeted for but when you tot up the value of the extras it comes with I reckon it's not a bad deal. I would probably have ended up buying all the extras anyway.
â—¾Swarf tray
â—¾Rear splash guard
â—¾Face plate
â—¾3 Jaw 100mm self centre chuck with inside and outside jaws
â—¾4 Jaw independent chuck 100mm
â—¾Fixed steady
â—¾Travelling steady
â—¾Two dead centres
â—¾Compound slide
â—¾Thread dial indicator
It's also 2MT on the tail stock, the same as my wood lathe, so certain accessories will do duty on both machines.
The only extra I'm getting at the moment is a QC toolpost and, of course, some tools.
A milling slide seems like a sensible addition at some time in the future.
By the way, Dennis is right, Warco seem to be an excellent company to deal with and even the guy on the phone, just taking orders, seemed to know his stuff.
Classic C5 Euro 4 at the moment.
Also CBf250.