Wow! So many questions! Where to start. ok here goes.
@Jim Beam : here is the link on Amazon of the one I bought. At the time it was about $120
@JR Custom Calls : I remember reading somewhere (may have been an obscure review) that extensive running may burn out the laser. The longest burning time I had on this was 20minutes non-stop. Other than that, most of what I have done is usually completed in under 10 minutes.
@kweinert : I was worried about the software myself, but the one I bought comes with a 1GB micro SD card that has the drivers on it. I ran the driver install program and then just ran the executeable. I did notice that the micro USB cord that goes from the engraver to my laptop is a bit funky. Meaning that if you wiggle it, the engraver disconnects from the machine, but the software does not give any indication of this. I end up having to shut down the software, unplug both cords from the engraver, then plug in the power, then the USB to the laptop and then start the software again. Speaking of the software, there NO directions on what the settings do. There is a burn time setting, and a run time setting(?). Other than that, the interface is somewhat self explanatory. I found it fairly easy to pick up what buttons do what. My biggest suggestion to someone using this is to PLAY with it. Don't be afraid to ask yourself "I wonder what happens if I do...". You can engrave on pen blanks to your heart's content. It doesn't burn that deep. You can easily turn the engraving off when you put the blank on your lathe.
Keep the questions coming! I want to get a video shot of the whole setup and explain everything, but first I have a deadline to meet on a USAF pen/pencil set and desk stand.
Hope you guys find this helpful.