The Shopsmith Mark 7 Woodworking Machine promises to have everything you need for woodworking in one package, but it's going to set you back a fair bit.

So, a while back my Shopsmith Mark V let out some magic smoke. While the unit can be configured into all sorts of tools, I usually refer to it as my lathe since I've got most other configurations ...

Shopsmith, which has 91 employees, makes multipurpose woodworking tools. "If we can get them in front of us to demonstrate the advantages of a multipurpose tool, we do well," he said.