J:
I really don't know if you are going to find a faceting machine that is much better than this one is; I grouse about the worn out and broken parts on mine, but when everything is working properly I don't believe any other would be much more accurate. The mast is fantastic, the table is machined to be absolutely level and everything is relatively easy and straight forward to adjust. The protractor is one the best manual ones out there; and some models had a dial angle finders on them that I believe attached on the empty area of the rod next to the brake that the head pivots on; Zane may have some of these in stock also. I have considered getting a digital one, but honestly, at this point the things I am making are so basic that it would be wasted on me.
Even when it wasn't working properly, it was apparent on the very first stone I cut on it that I was getting absolutely flat facets, something I assumed I was getting on my other machine but wasn't. When the brake is working properly, the mast arrangement makes it very difficult to over cut as it doesn't bend as much as others do. I've done a patent search trying to find this mast as I was looking for an exploded view because I thought I might have to replace the bearings, and couldn't find it. UltraTec, one of the best machines out there, has a very similar mast.
Honestly, the only thing I would change about this machine would be to add a reversible engine. I haven't yet encountered a stone that I think I needed to use this function on, but I know they are out there. If I didn't have this machine, I would want the one that Lefty has as it makes sense to me.
http://www.vjfacet.com/Products_VJ_Facet.html
Please let me know what Zane says about the quick release; it sure would save a lot of time. Since you wrote about it, I've looked at mine and couldn't see anything that looked like it would release the height adjustment, but sometimes I'm just incredibly dense.
I got some aluminum last week and am planning to make a new brake and upgrade my cheater; the plastic is working but I think metal would be better. If and when I do, I post photos.
Debbie K