Steve,
I've got the Draper horizontal wet stone/ 2 inch wide white high speed combo. It looks pretty good, the white stone is brill, nice and wide and relatively cool cutting. Good for reshaping and sharpening turning tools. The wet wheel is great but the tool rest, whilst looking useful, is a bit flexy and rubbish. Also, the wet wheel was not perfectly flat, i.e. it looked like it had a wobble washer fitted. I've taken it apart and refitted it, but it must have been cast wrong. Still, its alot for the money. Wish i'd bought the Tormek though!
regards,
Philly