I bought a everlast multiprocess ( AC/DC tig,stick, plasma) 205 back in 2011 and it has held up great. I originally bought it to have at home in my garage, but when I opened my business in 2012 It was my primary plasma and tig machine. We don't do a whole lot of heavy fab in the shop, but I used it a good bit for tig and plasma on stainless, mild, and aluminum and it was great. Cut up to 3/4 plate with (it did it, not perfect, but performed) and welded 1/4 AL with it (torch gets real hot, real quick!) Consumables have been pretty easy to get, never needed any parts for it or had any problems (switch in pedal is a little sticky sometimes).
That said, I bought a pcm750i plasma last year for cheap and it cuts better/nicer, and is easier to deal with (don't have to change setup) I also bought an older Memco 250 (basically a early syncrowave 250) with water cooler a couple months ago for dirt cheap (auction) and it is wayyyyyyyyy nicer to tig with than the everlast. Everything about it is smoother, got a couple different torches and all the torches are nicer, feel nicer, maneuver nicer, and I have a 3rd of what I paid for the everlast into it.
The everlast is great for what it is, but for what you are doing
@mcutler , I would recommend holding out a bit and try to find a deal on a bigger, maybe a little older red, blue or yellow machine. I always loved my everlast multi, and I have one of their migs as well, but once I got the esab plasma, esab mig and Memco, the everlasts are back ups and there is a significant difference in weld/cut quality. Also, my everlast machines are 5 or more years old, so things may have changed since then.
Just my .02
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