Nice. For tooling, try ebay. Lots of stuff at sometimes amazing prices. For doing small stuff on a big lathe, you can chuck up an ER collet holder with a straight shank and go to it. Look for ER11, 16, 25, etc., sets on ebay. I've done well with ebay sellers 800watt, discountmachine, and others. ER collets make a nice quick change tooling arrangement on a mill, too. You can double up collets for both machines. I have ER8, ER11, and ER40 sets. All were amazingly cheap on ebay.
Enjoy!! Now you can be one of us who wonders how people can live without a lathe!