Love Happy 2.2KW Spindle:
2.2KW WATER-COOLED SPINDLE MOTOR ENGRAVING MILL GRIND - eBay (item 230490523940 end time Apr-17-11 09:25:30 PDT)
Hitachi VFD:
http://www.driveswarehouse.com/Drive...0-022NFU1.html
I didn't buy the VFD from love happy. Some people are having good success with them, and others are not. For a little more money though you can get the hitachi which works wonderfully. I have not purchased a full collet set either.
Here is a full water cooling system i found from MPJA: Its cheap and should work fine.
MPJA, Inc.