From the manufacturer's description:
Proxxon Micro Woodturning Lathe DB 250. This compact size machine is ideal for turning pens or doll house items such as cups, plates, pots, vases, columns, also for model railroad items including power or signal posts and tanks, doll and marionette limbs. Thousands of classical model building items may be turned with ease. Adding final touches with paint to your work piece at lower speeds, easily done through the electronic speed control. the tool rest is conveniently adjustable in height as well as it turns through 360° allowing for centerless turning. Overall length 15-3/4 inches by 3-3/4 inch height. Weight: 5.5 pounds
Here's a link with more info on the Proxxon MICRO Woodturning Lathe. If you've already decided this is the tool for you, you'll want to pick up the Proxxon 5-Piece Turning Tool Set at the same time.