I found the following motor (on Amazon of all places)

http://www.amazon.com/exec/obidos/AS...6-20/ref=nosim

which seems to be the same one that Aaron suggests using:

http://www.industrialhobbies.com/how...or_and_vfd.htm

I also found the following VFDs that seem to be suitable

http://www.automation4less.com/store...=L200%2D015NFU
http://www.automation4less.com/store...SJ200%2D015NFU

The rep from Automation4Less told me that a 2HP VFD will be just fine on a 2HP motor. He said that Hitachi says the derating for single phase use is no longer necessary. He also said that the L200 will be just fine and there is no need to get the SJ200 unless higher starting torque is needed.

Many here have experience with 3 PH motors and VFDs and I would value your opinion on installing a motor like this and similar VFDs. Will a 2HP VFD be fine or should a 3HP VFD be puchased? Anyone have any knowledge of why the SJ200 should be chosen over the L200? Is the maching that is necessary (D90 to D80) something that can reasonably be done in a home shop? Does it strictly involve cutting the length of the shaft, turning the shaft, and cutting the keyway deeper again? Or is there something else to the operation making it best to go to the pros?