Jim,
The only material that I have worked with so far is aluminum, brass and UHMW. I primarily bought my machine to machine gun parts and have made 8 AR-15 lower assemblies so far as well as some brackets and mounts. Unfortunately The only things that I have pictures of are the AR-15 parts. Here is a link to a website that I have been getting a lot of info from as well as where I have bought some equipment.
http://littlemachineshop.com/ in addition to the main site you can visit their information page here
http://littlemachineshop.com/Info/links.php which has links to a lot of different user information.
Another great source of information for me was the forum at cncgunsmithing.com. Here is a link to their machine shop forum
http://www.cncguns.com/forum/index.php?board=9.0
I should let you know that prior to purchasing my mini mill I had no machining experience but the information I got from online resources was enough to get me going and now I am very confident in my abilities to machine to tolerance.
The three main upgrades I performed on my machine was to replace the gear drive with a belt drive, this allows for smoother running and forgiveness should you take too large of a bite and lock the bit up. I replaced the torsion bar support with an air strut support which allowed for additional working height and smoothness. And the most costly addition (more then the mill) was to install a three axis DRO. The DRO is great for being able to get the precision I needed for machining the gun parts.
I believe that as long as you work within the size and power limitations of the machine there is nothing that you can not do with it. You may need to take smaller cuts but I do not see why you could not machine most metals including stainless steel. The largest bit that I have used is a 1/2" end mill and on aluminum I have taken up to .125" roughing cuts and the largest fly cutter I have used to date cut 2.5" with a perfect finish.
Another thing to keep in mind is that tooling is transferable. My mill uses standard R8 collets and everything else I have could easily be used on a larger machine.