Welcome. I'm 71 now, and started on in about '96, with a ShopSmith. Nice tool. But my shop is 8X12', so I figured that I couldn't get a batch of tools in. Found the ShopSmith quite accurate. But also a bit annoying, what with having to make changes everytime you wanted to use a different function. Eventually, I figured out the secret - tools on stands, but light enough to shift, to make room for another tool. So, sold the ShopSmith for a bit of a profit, enough to buy a HF bench saw, HF 30some inch wood lathe, bench drill press, bench bandsaw, scrollsaw, and a router, along with various small tools, and still have a bit of change left over.
The bench saw and lathe are on shopmade stands, and easily shifted. The bandsaw and drill press are on the top shelf on either side of the shop. The scrollsaw and homemade router table are on the second shelf, under the drill press and bandsaw. Works out quite well for me.
The ShopSmith is an excellent tool, and I liked mine. But having had one, I can only really recommend one if you only have a very limited work space, or have to store it after every use. But, if I had the space to spare, I'd get another, if I had the money to spare.