Hi Joe,
I thought I would add my two cents in on this.
I will agree with Drew on machine tools need a lot of patience and respect. They can be a huge help but take a lot of time in terms of how to properly use them as well as to tool up. Machining is a whole trade in and of itself and you can ask my painter if you want to know how much time I end up working with machines v. building bikes. That said, I love machine tools and my process at this point (it didn't use to) heavily relies on them, again what Drew said on accuracy and repeat-ability.
I have used the anvil stuff and some of the sputnik stuff, some of it I like and some of it I didn't. There are always going to be limits to each style of fixture.
As far as chainstays go, here are a couple. Some guys keep this really simple and do one stay at a time. I think Peter Weigle and Brent Steelman both do this, but I am not positive, look on their flickrs.
This can be done accurately but isn't as fast. It also reguires that the cutter is centered on the stay. The reason for this is that one stay will be upside down, that is if you don't change the angle of the fixture( which I wouldn't). Some builders like to cut the stays off center, generally to gain a little more clearance between the seat tube and the top of the stays. You could do this with a single stay fixture but you would have to touch off each stay and move the table, not as accurate and beats the speed of the process.
The Anvil Chainstays fixture, or at least the one I used, had a t slot, this required that their was something to spread the stays apart. On the older one at least it spread the blocks, which I did not like. also the tolerance on the block varied so even it you had something to spread it, it could only get you so far.
The sputnik self centers with pivoting blocks which is really nice, because then it will always be centered, the drawback is that you can't necessarily hold the tightest tolerance on length. That said I'm talking about thousandths here not mm's so plenty good to trust your eye, it is calibrated better than most machines. I'm sure you could figure out how to do it perfect but I haven't bothered.
As far as the Seat stay fixture, the Anvil has similar problems to the chainstays, it works but takes some patience. The sputnik is nice, but what I don't like about either is that there isn't a great way to get your cut length, generally this means that you have to cut the stays twice or file it to fit.
I built both my seatstay and chainstay fixtures and am please with them, though there are things i would definitely change. My chainstay fixture is almost and exact copy of an earlier one of Drew's and I like it.
For my seatstay fixture I wanted something that would rotate on center so I could control both the cut length and angle. The rotating part on center is really tough because you either need to have a giant rotary table(which you then run into clearance issues) or make a set of plates that have an arc in them up to 90 degrees. I did this and had a few problems. Ultimately, though because I knew all the tolerances, I ditched this and put the whole thing on and angle plate. I can calculate my center so I can touch off and move the table to position it. Ultimately this fixture is a beefed up version of the anvil with better tolerances, it would be a million dollars to produce it...
Sorry if this is confusing, what it should convey is that tool making can be a serious rabbit hole and you might not even get the results you want in the end.
I will second going to see Joe at Plaza, I go hang out with him at least once a month and he has become a good friend and a great resource. The best thing to do is to go up and poke around, his list gives only a sense of what is there.
If you feel like making the trip all the way up to Burlington, I'd be happy to show you some of the stuff I've made. Also you are pretty close to FTW. You should go him, the guy is OG and has built more bikes that this list combined...
Just kidding guys.
Hubert d'Autremont
BTV