My plan is something like this:
1) Finish my home on my land and move in
2) Experiment around with biodiesel, and biogas a bit, ask local restaurants, etc if they would be willing to part with their WVO
3) Sniff around for a suitable engine, preferably water cooled and low speed
4) Experiment with the engine, fiddle around with it
5) Hook up a generator head (unless it already came with one, if I get my hands on a genset)
Or something like that. I do tend to be impulsive tho'. If i'll see a rather cheap and suitable engine for sale (say a lucky barn find or something) I'd probably buy it , and mess around with it. I definitely wont be ordering anything from India or the US any time soon, as that's quite expensive, and I would be jumping the gun. As i assimilate information on my way, my plans might change, even radically, but I have a general idea of what I am aiming for. Used gensets (3-6 kW range) cost over 350-400 USD. They are a good source for a decent alternator I guess! Most of these are direct drive and run at 3000 RPM.
I did find this, by the way:
It's up for sale for about 950 USD, and from the looks of it (and the text of the ad) , it's a late Lister (from 1986), air cooled. It produces about 6 kVA.
So basically I'm considering various options, and what you (Spencer) say, is something that crossed my mind as well. Unfortunately it's hard to come by very old, low speed machines around here (small country, small market).
Eq