Some days I am thankful I have a shop....others I seriously consider just selling it all which would cut my projects down by 2/3 as I'm always adding projects and hardly getting any done but then I wouldn't learn as much as I'm learning now. I've taken classes on machining and welding, kind of teaching myself how to draw "line sheets" or whatever you want to call them to help me visualize how to make something. I got a few books on "technical drawling" and used to draw during down times at work.
Now a friend and I are buying a rifling machine off another friend who started building it and has lost interest in it. We talked about it on and off for 2 days ( the longest time in recorded history we've ever discussed a purchase) The machine is the size of a medium sized lathe. Do we NEED it? NO however we can use it to learn about the process of making barrels and what makes them tick. We ache to learn about this kind of stuff and to possess ability to produce something from almost nothing. We can buy barrel blanks of all sorts from everywhere all day long for cheap but knowing how to rifle is something else in our books. The machine has a lot of work yet to do on it so its not a plug and play deal.