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Hope this is of some interest to you.
We have a Sharp CNC Tool Room lathe that I run at work, and that has got me thinking about someday having CNC lathe capability in my home shop.
Now you need to start thinking about a gang tool set up; this is what we use on the Sharp and if you don't have a turret tool changer it is real nice for setting multiple tools for a job. Then you don't have to deal with a tool post and its repeatability issues along with constantly changing tools. Once all the tools are set you can rock and roll!I see that Sherline has recently come out with some gang tool holder blocks. http://sherline.com/product/5930-38-gang-tooling-tool-post/The tricky part is getting it all set up so that everything clears, and you don't have tools running into things that they shouldn't.
Great work! Dave