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Picked it up for $450 and yes it does have the change gears. everything feels good, not too much play.
Lol yes, dad had left the little t handle in there to show me he'd found one that fits. I put it on the table under the lathe after the pic. Its not plugged in because we are still making a home for it. Getting a place cleared in the shop and then going to drop a power line down from the ceiling to plug it into.
We know its small, but it will be good to learn on and should do most of what we need. We feel like at 450, we can get our money back out of it if a bigger one is needed at a later date.
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