A simple part for metal machining perhaps :). But I am turning wood, I really dont need all those functions! Here's a vid that is pretty close to what I want:
https://www.youtube.com/watch?v=GB5fMNte844
I guess the reason people do vertical tool turrets is to fit more tools in there, but if I am OK limiting myself to 3 or 4 its not really an issue. And I get to change the angle of approach for the tools, which is pretty important for me.