It is adjusted so the shaft is at an angle (rather than straight up and down) to pull less air bubbles into the slurry. It can mix up to 5 gallons of viscous glaze or body slurry. The motor is very powerful enabling the mixing of low water content slurries (this means that amounts of less than about 2 gallons of slurry can splatter quite a bit). The 1/2 inch shaft is 22 inches long and the propeller is mounted up from the end of the shaft.
Some simple equipment is all you need. You can do practical tests to characterize a clay in your own studio or workshop. You need a gram scale (accurate to 0.01g) and set of calipers (check Amazon.com). Some metal sieves (search "Tyler Sieves" on Ebay). A stamp to mark samples with code and specimen numbers. A plaster table or slab. A propeller mixer. And, of course, a test kiln. And you need a place to put, and learn from, all the measurement data collected. An account at insight-live.com is perfect.
A One-speed Lab or Studio Slurry Mixer