Feline's setup sounds like what i want! I don't have the needle up/down option which would be a BIG help and i would LOVE to have the bar in front of the take up roller, it's amazing how much time i spend adjusting the height of my quilt.
I have a Bailey Home Quilter 15" on a GMQ Pro frame, which was perfect for starting out (around $3000) but now that I know more and have improved i want to upgrade, hopefully by the end of the year!