500w 12,000rpm Chinese spindle good enough? (wood, plastics)

@crew wrote:

So I finally bit the bullet and bought a Shapeoko 3. Waiting for it to arrive. I am looking for a spindle to use with it. I found one of these chinese spindles with the following specs:

Input: AC 110V / 220V switchable
Power: 500 W
Current: 4 A
Speed: Up to 12,000 rpm / min
Torque: 5000 G / CM
Insulation resistance:> 2 megohms
Breakdown voltage: 400V
Diameter: 52 mm
Chuck part length: 45 MM
Chuck part diameter: 16 mm
Motor length: 200 MM
High precision spindle error: 0.01 - 0.03

Is this good enough or wood working, some plastics, in the rare chance, aluminum? I am just starting so I think this is fine, but I also want it to be immediate-future proof, where I don’t have to upgrade in 1-2 years despite (presumably) growing my skills.

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