you want to invest in a nice machine, don't skimp on tools. Aside from that, I've run Epilog machines and find them to be very nice overall. I ran them in a school environment where they got lots of use, they got serviced yearly and over time, the area nearer the origin lost fidelity in terms of cut quality. A good machine adjusted and running at the right feed rate and power spec.s actually yields a very fine finish, I don't know what "jagged" edges people are talking about...
You do not want to cut PVC, as mentioned above. You can check power spec.s for cutting through the desired material and thickness you use commonly before picking a machine too.
I also don't know what others mean by having to break out a 3D model into planes? A laser cutter leaving jagged edges and running in 3 axis would be more like a plate steel cutting laser, industrial strength. For modelmaking, prototyping, and prop projects, working with common plastics and cutting polylines in 2D is all you'll need.
Believe me, once you have one, you'll never know how you got along without it! Creating jigs for registration, painting stencils and masks, and obviously creating whole parts.