I feel your pain NNJG_Matt. I got a lathe and some cheap turning tools from HF and want to start pen turning. The lathe and cutting tools are just the beginning. I've wasted a couple of pen blanks from improper drilling. Finally broke down and got a drill chuck. From the week or so I've been doing turning, I can say this. While you're waiting to save up for all of your supplies and tools (toys as my wife calls them), turn as much as you can on scraps. I've been turning up everything I've got in the garage while I wait to save up for a Nova 3G chuck. I plan on getting a refurbished one straight from the Teknatool website, same quality as new, cheaper price. Like I said earlier, I'm planning on turning pens, just need the to build up my tool collection and in the mean time I'm honing my turning technique on scrap.