Most of the Monarchs I see for sale (on e-bay) are much, much to big for chambering. Darned good lathes, no doubt about that. But I'd not want a 16" swing lathe to chamber with. Might be fine if you work "between centers", I don't know. I'd not discount a used Clausing or Southbend, as long as we're thinking 13"swing by about 40" (between centers) bed. But no shorter the 36". Plenty of good lathes out there for your purpose if ya' just look around some. I'd not get hung-up on one particular brand name, you could be missing out on a dandy machine if ya' do. It will all boil down to your skills, not the brand name of the machine.