I got my ebay wheel today! It's a handmade one, and I got it SO cheap. I'm really suprised by how well it spins, and the treadle sits on the wood on the bottom such that it acts as sort of a lever, so you can lean your foot backwards so there are truly no dead spots on the wheel.
I'm also planning on staining it a color, so hop over to my blog http://www.chroniclesofyarnia.com
and tell me what you think about the colors I like. I wish I had some pics, but none yet as my camera is with my husband on a business trip. (good timing, eh?)
Oh, and I have spun some of my bright red Lamb's Pride I got off of ebay and it is going suprisingly well! Love it!