Pat they have sharpening jigs and most of the pros. use them now, it is the only way to sharpen specialized chisels it gives the same grind time after time and saves wearing the chisel down to quickly
Jimbo
All those extras cost MONEY too. If you are mechanically challenged, I would recommend not to take it on.
One thing not mentioned. If the piece of wood isn't centered properly and the tool grabs, the wood will fly out in just about any direction. Stay away from cheap lathes such as Harbor Freight sells, many times you need to turn at a slow speed and they do not go slow enough, and are flimsy affairs at best. I learned this the hard way and nearly lost an eye, from a chunk about the size of a loaf of bread. I scrapped the HF lathe and got a nice Jet, no comparison.
Any tool that spins or any other action can be dangerous especially to users that aren't trained how to use, or NOT to use it properly.
Check your fingers and toes.
Gabby
