I have to ask....does it run on AC, DC?    

Man, that is simply awesome. A wonder to behold.  Now will you put up a video of you  running it through its paces?
Scyth:  I love woodworking (duh, who here doesn't?). A spinning wheel, or several, is on my lifelist to make.  I saw one at the Black Hills Fiber Guild's exhibit during the fair several years ago that set my mind spinning...it folds up smaller than a suitcase. The owner said it is small enough she can take it on flights as carry on luggage!  My one concern is that I will have to try it out once the first one is built and I will enjoy spinning thread and yarns. And that is a rabbit hole that leads to far too many other rabbit holes!