They may look similar is layout and such because Orbit was an early Jet sub-brand. That said, I'd rather own one old Orbit than five new Jets. The new stuff is all junk AFAIC, makes no difference how many bells and whistles they add. Read the product reviews for that Jet to see what I mean. Pay careful attention to the real bad reviews, they are often written by the more knowledgeable guys. The guy who's never owned one before and punches a few holes in stuff from time to time might be thrilled, the seasoned vets wouldn't use them for ship anchors. Jet's been around for a while now. The old stuff was decent, the new stuff is a total waste of your hard earned dough. How someone can f*** up something as simple as a drill press is beyond me, but they just don't work well at all. You'd have to use a good one a bit to see just how bad these things really are. FWIW nobody needs 16 speeds. I general, you need one real slow speed for large bits, one real fast speed for tiny bits, and two others in between the extremes. All those pulleys and belts... you'll end up drilling with the wrong speed most of the time because you won't feel like messing with them.