Loom?

I just found an ad on craigslist for a jack loom. Its located in Oakville, and if it is what I think it is (based on googling of course), I think I might want it. It might be big....but think of the things I could do with it!!!!!! Amazing.

It might look something like this:

...which would be large. BUT AMAZING! It might be a table loom though, not a floor one. I emailed the person selling it, so hopefully I'll get some details soon.