A few tips when you get your new lathe, first LEVEL IT
find someone who is a machinist to help you, chances are they will have the appropriate master level (accurate to .0005 per foot or better) or know where to borrow it and know how to do it correctly. Do not use a carpenters level, they are worthless for anything but houses. a few thousandths out of level will seriously affect the precision of your work, a quarter inch out of level can damage your machine. Make sure your floor is solid. My LeBlond requires 6 inches of reinforced concrete, granted, my LeBlond is a beast, but a proper floor will increase the precision and longevity of your lathe.
Lastly the first thing any machine tool will want to eat is machinists, they are so much tenderer than high carbon steel. Watch your fingers, keep your clothing tucked in and away from rotating shafts, the torque on a lathe is scary, and unless you have the fancy safety brake my LeBlond has, it takes a few seconds to stop in an emergency. Keep your tools where they will not vibrate to a place they can fall onto something rotating and get thrown, never leave a chuck key in the chuck, if the chuck key is not in your hand it should be hanging up.
Indexable carbide tooling is expensive but well worth it for production. The time I have saved using my Carballoy and Valenite tooling has paid for the initial cost many times over!
Once you get past the learning curve you will have a hard time comprehending how you ever lived without one!
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