Hi Tom,
just to add a few personal observations to your forum entry:-
bear in mind that Axminster usually describe their 'Perform' range of tools as 'hobby', so perhaps you shouldn't expect too much from them. Personally I've always saved up a bit more and gone for the next range up (trade).
As you are aware, chucks, jaws etc are so expensive that you can easily spend more on such kit than the original cost of the lathe. This is bad enough if you keep the lathe, but if you later decide to upgrade and the chucks don't fit the new lathe, then you can really waste some money.
So if I was starting from scratch, my route would be to go for a second hand quality lathe which (as someone suggested) has a really common spindle thread (do some regular checks on eAuctions and you'll see what's commonly available). That means if you then upgrade, you have a good chance of keeping your chucks for the new lathe.
I bought a Myford ML8 years ago to replace my (embarrassment sets in here) Black + Decker lathe!! attachment which was truly awful, not least because the cooling air from he drill blows straight in the face. I have so often wished the threads were the same as Record - I would have a much better selection of kit by now if that were the case. However when I bought the ML8 there was no Internet, let alone eAuctions!!
I recently added a Union Graduate bowl lathe to my workshop because I wanted a really solid bowl lathe (and I saw this one which was very reasonably priced). However the spindle size is not at all common (1 1/2" x 6tpi) and adapters to allow interchangeability are, it seems, not available for my combination of kit. So I think I'm going to have to invest in a brand new chuck - costing nearly as much as the lathe. The good news is (from what I understand) the threads are cut so as to fit both left hand and right hand sides of the headstock so if ever I sort out an inboard bed system, I won't need to buy another chuck.
Anyhow good luck in your quest for a lathe, and whatever you decide, I hope you derive great enjoyment from your investment.
K