If you want a very crappy mill/inconvenient drill press along with a crap lathe then that thing is just the ticket.
If you are wanting a hobby mill the larger Grizzly drill mills aren't the worst thing in the world.
Mill Drill with Stand 8" x 29" Table with Powerfeed | Grizzly Industrial
They aren't going to build the space shuttle but they are pretty handy little machines for the money. Shop for a decent old Southbend 9" lathe on craigslist. You are all over the country with a trailer. You can find machinery easier than anybody on this forum lol.