Sean, here are some brief comments:
Pluses:
- Seems to be in reasonable shape, relatively clean
- The Aloris style (OxA brand) quick change tool holder is helpful, has multiple attachments
- The four jaw scroll chuck looks good, Harlingen is a known brand
- The four jaw independent chuck can come in handy
- Price seems a bit high, though the tooling and scroll chuck will bring the price up.
Minuses:
- This is a lightweight lathe. It does not appear to be one of Logan or Southbend models that were sold by Wards under the Craftsman label (see my earlier postings).
- The fact that the seller put in a solid spindle to cut steel tells me that the lathe would be marginal for any serious cutting on steel. (it may be OK for brass or aluminum)
- Not having a hollow (through) spindle limits the length of stock that can be put in the chuck - big negative.
- I assume the gears are for thread cutting. But they are apparently made of plastic which, to me, is unacceptable.
- The drive motor / pulley arrangement is not shown, so it's hard to tell what condition those are in.
- The bed is short - looks like perhaps 24" between centers
- The crossfeed handle appears to be broken
Again, it comes down to your intended use. You might ask to see the lathe in operation and have the seller cut a piece of steel and see how it performs. You could also as for the Craftsman model number and do a search for similar models.