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I've got a beautiful tree burl sitting in my garage for over ten years now. It would make an awesome bowl but I always figured I'd buy an old lathe on Craigslist and turn it out.
A hook knife would be cheaper than a lathe but it would be a fuckload of work and I dont have a vice large enough to hold the burl so I think I'll stick with my original plan and buy a lathe.
Someday.