I used to do cue repairs for about 10 years, from 2000 to 2010 or so, until I moved and packed the lathe away. I haven't set back up in all these years. I've shaped my own tips the past few years using a single bevel Japanese blade for $12 on amazon, and a 3d printed half circle length about 6" long I made with 150 grit sandpaper held to it. I use the blade to slice the sides going around in a circle. It takes a few times around to get it really good. It honestly looks as good as when I was doing it with a lathe and a utility knife blade. If cost and quality is your main motivation, that's about $20 in parts that you can do a LOT of tips with