Thank you everyone on this site who recommended that I look at the Brother PE-770 embroidery machine - this was exactly what I needed. UPS delivered my machine today - I don't really know how to run it but did stitch out one quick embroidery design. I found my machine on Overstock.com on sale for $600 with free shipping and no sales tax - I purchased the machine, embroidery thread set and stabilizer for a little over $ 660 - can't wait to make monograms and quilt labels and whatever else I can dream up. Thanks to everyone who helped me make my decision - I am very happy with this purchase.
