The 'traditional' turner's tool, the spindle gouge is the workhorse of all but the dedicated bowl turner. Obviously, for spindle turning, such as chair legs, balusters and the like, the spindle gouge is the tool of choice. But as any experienced turner will tell you, they also find ready use for facing cuts, shallow hollowing, drilling,  beading etc. and with a little judicious regrinding can also make very effective hollowing tools for box-making.