This is a shop multi-tool. It has a table saw, lathe, drill press, band saw, and a horizontal bore (sideways drill press). The one I ended up buying was not working right. It has a speed adjuster for different settings. The speed at which you run a lathe is a different RPM from a table saw.
Today I did some tinkering and discovered that it only needed to be lubricated and cleaned. It works like a charm. I hope dad is jealous :-)