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Originally Posted by 1493kd
1. DVD camcorder
2. Lathe
3. Injection Molder
4. Cordless tool set
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A decent lathe can do an awful lot of work, if you know how to use it. Assuming you already have a drill press, that is. Maybe a shopsmith (drill, lathe, mill) would be a good choice.
A cordless tool set underwhelms me, they are handy to carry but kind of anemic in power. You will rarely be working where there's no AC power, and the same tools with a cord will go for a LOT less.
An injection molder? Plastic is cool, but not always robust enough for FIRST, and you still have to make the molds....
A good digital camcorder can be had for under $600, as Dillon noted.
Good luck, and