That's a good point, and I didn't notice that when reading the description.
Model G0758 has a "Spindle elevation DRO". Is this basically the same thing as a Z-axis DRO? (Just only taking into account spindle movement)
I will need to bore bearing pockets, so being able to accurately bore to depth is important.
What is the difference between the "Spindle elevation DRO" feature on the G0758 and the "DRO on spindle" feature on the G0704?
See the three-handled crank on the side of the G0704 mill's head? That's the "drill" part of a mill/drill. It lets you use it like a drill press. When you move the crank the spindle goes up and down and the spindle readout on both models will increment.
The crank at the top of the machine in the back is the Z axis adjustment. It moves the head up and down. A real DRO setup will have a linear encoder that tracks the position of the head and updates when you turn that crank.
I'm not qualified to give advice on machining things but my gut says for precise boring you're going to want to lock the spindle (so the drill press handle won't spin) and use the Z axis. For tiny bearings maybe it doesn't matter, but with the spindle extended its far less rigid.
Of course you can do everything without DRO, it just takes skill. I haven't developed this skill in the year I've owned the mill and because of this I can't do much with it. If I weren't planning a CNC conversion I would get a cheap DRO for it.