Here is a pic of my cork layout and turning table. It is located off the right end of my wrapping table. It has an 8" drill press with cork clamp (the one that TK shows in the RB photo section) for drilling out my cork rings to match Andy's mandrels.
I turn my cork off blank on the Grizzly Hobby Lathe, the yellow hood is connected to the big dust collector in the cabinet below. The lathe unit is mounted on it's own stand and can be removed and stored in the cabinet next to the collector.
Then I have the whole space for guide prep (notice the dremel hanging). It also has my Berkley line winder sitting in the left corner. Reamers and cork clamps are hanging off to the left on the wall. My cabinets and tables are not pro done I built them, and as you can see I'm in no way a cabinet maker.....LOL
The good part about the whole shop is that everything in it is white (walls, floor, ceiling, and table tops), with no less than 80w of florescent lighting over each table.