Below is a copy of a message I posted on the Triumph section. This may help those that are considering air vs. electric, and thus what to do about a compressor. Enjoy, and HTH.
I have a little bit of experience with air tools and how to keep them happy. I was a Snap-On dealer for 20 years. Needless to say, I have sold more than a few compressors and LOTS of air tools of all sorts and brands.
1) Generally, more expensive air tools in a particular style (air ratchets, sanders, etc.) use LESS air and/or produce more power.
2) Pay extra for a better compressor and you will be rewarded with longer life and better performance.
3) When you buy an air compressor HORSEPOWER IS MEANINGLESS. Air flow volume is what counts. However, there are different ways of rating flow rate. But to keep it simple, CFM (cubic feet per minute) at 90 PSI is what to look for, no matter what the other specs are. DO NOT BUY OILLESS COMPRESSORS - junk ... period. If you have the room, get at least a 60 gallon tank. For electricity, 220 volts single phase is better, and not all that hard to wire up. You'll notice small electric motors (cheap) and bigger motors (not so cheap). And you will see aluminum compressors (cheap) and cast iron (not so cheap).
4) DO NOT TRY TO HORSE AROUND A SERIOUS COMPRESSOR. IF THEY START TO FALL ..... YOU HAVE LESS THAN NO CHANCE OF CONTRILLING THE DECENT. You WILL get hurt. Get friends to help.
5) If you have a Tractor Supply Store nearby, you will be amazed what $1000 will buy! I was. Harbour Freight? Don't even think about it. No matter where you shop, plan on being north of $1000 or you will ultimately be unhappy and spend MORE money to replace it.
6) So, how does one buy a compressor? If it's a one person situation (you and your rusty whatever) then project what sort of air tools you'll be getting. Find the HIGHEST air consumption rate of the hungriest air tool (body tools ARE the greediest) and buy a compressor the will produce at LEAST 1.5 times that amount. After all, not only does the compressor need to supply the tool, but it has to refill the tank at the same time!! Example; a board sander may consume 7 CFM or more, so you'll need a compressor that produces AT LEAST 11 CFM @ 90 PSI. Bigger compressors run LESS and don't get the incoming air as hot, thus less water. Get a good filter/drier/regulator.
Hope this helps some.