Kendell - I've
always preferred Lincoln over Miller. I don't know why but the Lincoln Ideal Arc 300amp I used in VoTec back in the mid seventies seemed to weld better than the Miller 460amp That I have now. Seems like I just can't get the arc area small enough, it wants to spread out to big even with 1/16" Tungsten and the smallest cup they have for it. This Miller is of around that age too. Miller's lack of controls is why I bought my 225 Century MIG instead of a Miller.
200amp water cooled torch's use to be around $225 or at least when I bought mine in '96.
I wish mine could take a thumb wheel torch but I'm stuck with pedal due to it's age. I have at times had to wedge the pedal down and rig up a toggle switch on the torch to remote turn it on. Welding under boats/pontoons can get fun sometimes
I had thought once back in '95-'96 about getting an Econo TIG but a new one cost twice as much as this 460amp $700 auction welder
My homegrown water pump/cooler is a brass soda fountain pump and a trans cooler and a 1 gallon can with 3/16" plastic tubing. I have the trans cooler hanging on the back of the welder's fan exhaust port.
I'd look at the most control then duty cycle and weigh them on those factors. I've welded everything from pop cans together to 2" thick aluminum plate so control is my biggest factor.
If you decide to weld up a pad on the side of a 1022 trigger Assembly to drill and tap in a set screw for trigger over travel you definitely want heat control
That was a lot to tell you nothing !
Bottom line - if I had your money I'd buy both!
Frank - Do you take the chromemoly in the house and put it in the better half's oven to relieve the stress after welding ? I'd like to have used chromemoly on my Toy project. I wanted some back in around 87 and none of the places around here acted like they knew what it was ... so much for rebuilding my Honda Odyssey bent front end.