Of course only Mr. zubbly can answer this-
But after I found this site and researched it a bit, reading everything I could even the old forum!
I quickly scrounged a couple small single phase motors and converted them with the only Neo's I had to get small results, (1/2" x 1/8" round).
ALl thats needed for "good" results is,
3 Phase 1800 RPM motor to start with, and from there just cut it down the depth of good Neo's to be used, (this would be safely done at 1/4"), also have shaft end drilled for blade mounting while in lathe and from there start carving some wood.
Lots more also but that would get somebody started very fast.
Just my $0.02 and not worth that !!!!!!