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Theres another thread started yesterday where similar is discussed, but when I put your machine in Google to look at it, it looks like a basic lightweight CNC of usual chinese quality with associated...

Frank,

have a look over on the CamBam forums, in the Members Projects board (http://www.cambam.co.uk/forum/index.php?board=9.0), for the watch threads (there's two that I know of) by Arie...

I have an IM3, it has a motor and does excellent deep rotary cut/milled engraving, the IM3 is a current model, £450 would be a good price with one font.
I have 4 or 5 Gravograph fonts which amount...

Have a friend with a jewellry business and almost everything they do is either free hand or on a manual copy machine, only CNC they use is their fibre laser which was not an entry level item.