Jackofalltrades: You are right about the Loadmaster. But the horror stories are about the additional Lee components not the press itself. The bullet feeder, case feeder, auto primer, powder measure are cheap, plastic, and unreliable.
The base Lee press is a great one. If you modify the priming mechanism as I have suggested, use the Hornady LNL case activated powder measure, the Hornady LNL bullet feed die, and my home-made case feeding mechanism you have a very solid, secure, reliable, and productive auto-progressive system. It will load 800 rounds per hour year after year. With those changes I'd stack it up against any other press on the market - all for about $550.