The ILCO 008 Mini Might key machine is a nice starter machine and here is a tip on how to get the most out of it!
You can convert the ILCO 008 Mini Mite Key Machine to act as a code cutting machine. This simple conversion can allow you to both duplicate and use space and depth keys for the purpose of cutting code keys. It is a very good starting point for beginners since it is cost effective and easily transported.
The ILCO 008 uses a 1/2" diameter shaft and typically comes with a 23RF cutter blade. Replace the 23RF with a 37MC. This is considered a "compromise" cutter blade that will provide a 45 degree angle with a .25 flat.
All you need to do is to obtain some basic space and depth keys and your all set. This is a great conversion if your doing a lot of cam lock key generation, impressioning, or decoding cylinders. Simple and effective. You will earn money to ultimately upgrade to a full fledged code machine.
Jet just introduced a very nice micro machine which I really like called a JT-9000. According to Marc Auerbach, VP of Marketing at Jet, the JT-9000 also has a 1/2" diameter shaft but has not been tested to see if it would accommodate the 37MC. If the Ilco 008 is any indication of the possibilities, I would suspect that the JT-9000 will be capable and will find itself as the top contender in the micro machine arena..