Wow! thanks everyone. I knew the electrical side was going to be a nightmare......

Looks like Im going to have to rewire the workshop now as well :cry:

On the motor side of things is it possible to get high rpm, I.e. 20'000 ish (router terretory) or will I need a special spindle. Just thinking that if I have to spend all this money then i'd better getter something that will cover all my needs (wood and metal) if possible.

I've been looking at the chinese vfd and water cooled spindle packages, they seem to good to be true....