If you are setting up a production shop where you will be running hundreds of feet of moulding every day then you should purchase a shaper. This is the job it is designed to do. Other than that you are much further ahead with a router and table.
As for a $500 table for home use? You can purchase a Router Workshop table for less than half that. You can purchase a table like Norm uses on the New Yankee Workshop (The RT1000) for half that. Is there something special about this $500 table we do not know about?
"Living in the D" (this means Detroit!)
"It's fine to disagree with other members as long as you respect their opinions"