That listing is in Lost Angeles CA.
The idea of Craigslist is to post the price high knowing the buyers is going to offer half or less.... You see... If the poster only asked a few dollars or a few hundred the buyers would low ball the offers,so if the seller offers to sell it at $1400 he'll be happy when someone offers $100-$500 for it.
Anyone with the machinery,time and know how could clean that beast up and use it as intended or modify her for a purpose.
Fixtures and such made out of old lathe beds are very popular in shops around the globe.
I've made tooling to use the ways of my lathe along with a fixture mounted in to align the ears with the main tube and plug assembly when replacing machinist level glass vials but I'd love to have a lathe bed set aside just for that purpose instead of having to remove/setup fixture all the time like I do now.... I can think of a few good uses for her, after I clean ol Betsy up a little and slather her with lube she'd be good to go.
I'd bet she is old production machinery used to make war equipment... You all should salute to her'
Ernie built all of his cue building equipment from old war era machinery, you never know... This could be out back of the ginacue shop!!
Either way, I like it.
Rob.M