I would say take the shed, you'll find some use for it. I have contemplated this question also. I have a 20' x 11' basement shop, thats quickly loosing space. If you live in an area with a harsh winters (say the Midwest), does it make sense to heat the shop through the week if you are only working in the shop on the weekends? Or do you run the heaters just when you are working in the shop? What kind of heaters are recommended (radient, wood stove, etc.)?
As simple as its elements are, the workbench is more than a tabletop with legs, a well, and a few holes. Virtually everything in the workshop comes to rest on the bench at some point, even if only between operations at other stations. Planning and layout, cutting and shaping, assembling and finishing–all can be, and often are, performed on the benchtop. The better the design, and the better suited its size and configuration to your labors, the more efficient a tool it will be.
You may even want to put yourself in the picture. If your workshop space already exists, find a large piece of cardboard, wallboard, or plywood that’s about the size of the workbench top you envision. Find a couple of stools or chairs, perhaps a few books, and turn them into stanchions to support the “benchtop.” Is it too big for the space? Is it large enough for the tasks you envision will be performed upon it?
The first time you try your hand at the ancient craft of woodworking, you want to do it right. Learn woodworking basics with hand tools to a professional standard on a weekend woodworking course at Rowden Atelier. Ed Wild runs weekend furniture building courses for everyone from beginners who want to have some fun experimenting behind the bench, to those who are looking to develop specific skills as a furniture maker. Classes include tool handling, box making, and basic veneering, but to a certain degree, you can tell us what you want to learn - these short woodworking courses are partly bespoke.
The reason I'd cut out the rectangles in the vise support was that I'd intended to put a benchdog hole through each, and I wanted the thickness of the top to be the same for all of the benchdog holes. Where I messed up was in not cutting out the ends, between the bolt tabs. I'd intended to put a benchdog hole through there, as well, but I'd forgotten to cut out the segments prior to glue0up.
If you don't quite have the space for a real pony, make this handcrafted wood version instead. The horse pictured here is unfinished pine, but there are lots of woods and finishes to choose from. Everything you need comes with the kit, and the plans can be downloaded. If you don't want to build it yourself, you can order from the website—just allow two to three weeks to ship.
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The book is well written and easy to read. The illustrations, I'm sure were excellent in 1914 and, are still adequite now. Most of the designs seemed repetitive, though. I wish more attention had been given to lashing materials. If you are looking for that you will find almost none here. The book was fun to read and provided enough inspiration to make my brother and me attempt a large hut.