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16x40 vs 16x60 Lathe Size for General Use?

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I'm planning on getting a new Taiwanese manual lathe to replace my old South Bend which I've had for a long time.
My shop's bread and butter is CNC, so I wouldn't be using this lathe every day, but the manual lathe always gets used for something or other.
And there's also the occasional job for simple shafts that I don't mind doing on the manual lathe, but those don't happen often.

I know what would be most useful for my needs is a 16"x40" lathe, but for an extra two grand, I could get a...

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