Abstract: A precision multi-purpose machining apparatus for facilitating lathing, milling, drilling, sawing or routing operations typically using a rotary-type cutting tool. In a preferred embodiment the multi-purpose machining apparatus of this invention is characterized by an elongated support frame and a cutting tool mount cradle which is adjustably mounted on the support frame for receiving a cutting tool, such as an electric-powered DREMEL (trademark) rotary cutting tool. The support frame is capable of resting in a horizontal position, in which the cutting tool can be fitted with a cutting tool bit and the frame fitted with alternative workstock mounting attachments, to facilitate various lathing operations on a wooden or aluminum workstock. Alternatively, a saw table and saw blade can be removably mounted on the horizontal support frame and the cutting tool becomes a saw motor, the rotating shaft of which is connected to the saw blade by means of a drive belt, to facilitate various sawing operations.