Keep us posted. I'm certainly curious if you dip your toes into it a little more.
Well, yes, I'm going to CNC the milling machine. Been thinking about it all night and most of today. I downloaded the latest LinuxCNC installation .ISO this morning. Going to dig around the old PC graveyard and see if I have one that can be dedicated to a CNC controller.
Then, well, time to go shopping for a controller board that uses the printer port of the PC to break out the signals for the actual stepper motor drivers and i/o switches. That will probably chew up $100 right off the bat. The plan I've come up with is to do three machines. Each one adds another layer of complexity to work through.
The simplest is converting a Sear floor-mount drill press from belt-drive fixed speed A/C into a variable speed DC motor drive. That will give me some experience controlling spindle speeds via the computer. I really have no idea how fast I can spin the chuck on this press. It does have ball bearings in the quill and has never shown any sign of being out of balance... it might just become the biggest Dremel tool ever made.
The drill press is the one piece of equipment I can afford to f-up to a fair-thee-well and not leave myself in a bind. I've been doing most of the drill operations on the mill anyways.
If that is successful, the next one under the knife is the Atlas 6" lathe. Again, converting it to variable speed on the head-stock the same way the drill press got done, and adding one axis of motion by driving the lead screw via a stepper motor. The threading gears on this lathe are shot, so removing the transmission isn't a big deal. At some point I have to get a rotary table & dividing head for the mill so I can make whole new threading gears.
And last, do the milling machine, applying everything learned from the other two. Spindle speed and three axis of motion. This is going to take a lot of planing, since I will likely have to fabricate the mounting plates and other hardware on the mill before trying to install them.