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Indeed. I'm trying to think what projects I might do after the current ones. I like working with leather. I'm slowly getting into painting it and sewing it. But I have a history of not finishing what I start. Whatever machine I buy has a high chance of becoming a white elephant.
I've worked in an abattoir. Not that keen on bringing back the memories with burning animal stink, although it does serve to remind one that creatures die for our fashions.
I like your idea of removing the top layer and filling it with paint. So I think the laser is winning at the moment.
Laser cutting leather will make your home / workshop smell like an abbattoir, so a CNC cutter has some advantages.
However, a laser can also engrave, all the way from barely changing the colour down to removing a significant thickness ready for flooding with paint - perhaps not what you want immediately, but it could open up a few more possibilities.