I have both a very nice fully rebuilt Bridgeport series 1 with a Newall dro and a 2014 SWI SMX bed mill. Both have their uses. I use the bedmill far more than the Bridgeport I started with. The smx is a full 3d control. I program with fusion 360. For the work I do, repairs, tools, fixtures, hobby robot parts etc it works very well. 3 Kurt 6” vises can do several small parts at a time minimizing tool changes by hand. it doesn’t compete with a VMC for speed, but it was far cheaper, smaller footprint, and is easy to transition from manual to CNC. I still use the old Bridgy, but usually for second operations, small drilling, or dividing head work. The choice is really personal and what’s best for your work desires. In any case tooling cost is staggering. cat 40 spindle is far stiffer than R8. A commercial rotary phase converter and proper 3 phase panel & distribution was the best investment I made for the shop early and can’t recommend the individual machine VFD route unlesss you only plan on very few old small manual machines. After several years, If I had to have only 1 mill it would be the bedmill with a cat40 spindle. If I was running production I’d buy a proper vmc as new as I possibly could afford sized for the work. unless you are an electronics whiz, old CNC can get unbelievably expensive very quickly. Went through that at work with a pair of Fanuc controllers on Swiss lathes. Eventually we replaced the lathes. Just my 2 cents.