Awesome. I didn't notice the cookie sheet before, but see it once you pointed it out.
These old lathes can be wonderful machines. I made 6" internal bearing lands for a sports racer a friend and I built. I also cu through 4" of steel for the spool drive. With practise and a good Machinist Handbook (if you don't have one buy one), you will be able to do amazing things.
I did update my Logan with a quick release tool changer. This is a significant time saver as the Southbend/Logan 1/2 moon adjuster must be re-aligned every time you change operations. I found a set somewhere for about $250 that had the head unit and 4 tool holders (1 parting tool, 2 turning/facing, and 1 knurler). I kept the old unit, but have not used it since.
Here is the Harbor Freight link. I don't think I bought the Harbor Freight unit, but something very similar.
http://www.harborfreight.com/cpi/cta...emnumber=34816