Joe,
You will undoubtedly get opinions on both those lathes. You might also browse through the innumerable earlier threads on the relative merits of various brands and sizes of lathes.
I have some general comments for you:
1. Figure the lathe will account for about half the cost of getting set up to turn. Turning tools, a sharpening set up, chucks, and a wide range of accessories all add up fast.
2. Most lathes work fine and most owners are happy with the lathe they have. Nearly any lathe can do the projects you mention. If you avoid the very cheapest lathes, such as Harbor Freight, it's likely you will find a lathe that will both work for you and with which you will be happy, almost regardless of the brand. There are a great many small, and some not so small, differences between lathes, but it generally takes experience to develop opinions on them.
3. Wood lathes are reasonably simple machines and the major brands will usually provide years and years of service without needing major repair. However, poop happens, and you may end up with a problem with your lathe that needs the help of the seller/manufacturer. There can be considerable difference between one brand and another in the quality of service and even the availability of spare parts.
4. If cost is a factor for you, a used lathe can be a good way to get a good machine at a manageable price. Sometimes it takes a while for one that will suit you to become available at an acceptable price, but eventually, it will.
5. You local woodturning club is a tremendous resource for you. Check the AAW's main web site, search under Chapters, and your state, and you should find at least one within a reasonable distance. (Maybe also check Illinois, as the closest club could be in Waukegan or some place) Most clubs have 'mentors' who can help you get started safely and learn as quickly as possible. They can also provide advice on specific lathes, unadvertisded used lathes that might be available in your area, and a whole host of questions you'll have on what you need, where to find it, etc. Most of the time, this help is free, and always enthusiastically provided.
Good luck. And welcome to the vortex. It's not as bad as buying a boat or an airplane. Really.