I saw those Striperhound and they may work...."may work"...but for a little extra money you can get a real nice lathe that will definitely turn you some nice plugs.....short money, buy the Grizzly on-line for $150.00. I got mine used from Bassmaster and I think he got it from The Specialist....its still turning out plugs, has seen alot of use and I think its a pretty great machine! A little more than that and you can get a Jet midi or a Delta.....leave that little toy for the pen turners.....
get yourself a big boy toy!
Just my .02 cents.