Not nearly as expensive as I feared.

Tormach said originally that the fully kitted lathe would run about $19k.

That make $16k a very reasonable price, IMHO. Maybe the original $19k target included a pneumatic closure?

Quote Originally Posted by Tormach Lathe Insider
No specifics numbers on pricing yet, but we’re estimating a simple configuration on the lathe will be slightly above $10,000 and a lathe with lots of options and full enclosure might be around $19,000. Tormach Lathe Update: Winter 2014
34444-T - 15L Slant-PRO

No catalog entry yet for the turret only, but since the Lathe+Full enclosure costs $13040, that would make the turret a $3210 option.