Hi David.
I own a Continental (metric) Chipmaster and joined this minute just to answer your post. Earlier I didn't like theChippie, as it has a peculiar design, a bit of a pyramid.
But when I sold my old lathe, I suddenly liked it. And I bought one in UK – from a school, I was told.
I had to repair the variator – and I'm glad I did. The ranges 35 – 300 RPM and 350 – 3000 RPM – that's simply not possible with a VFD. Tony Griffiths of lathes.co.uk is wrong, when he tells everyone to just chuck the variator.
I bought a VFD when I bought the lathe, and I would have loved to use it (they are so sexy imo), but it would degrade the machine. The Matrix clutch works great, but the brake is useful only when threading. The rear of my headstock leaks oil, but that's my own fault. It did not, when I received it.
I would love to have the changewheels, so I could make inch threads, but I found some just once, and they went to someone else. A Thread Dial Indicator does not exist at all.
The Imperial version is really the best; it has integrated dial indicator (inch pitches only) and it still has a lot of metric pitches as standard.
Problem is, new owners don't know how to treat the variator: Only one oil must be used (Shell Morlina BL10) and you have to give the assembly correct preload (easily done).
If you choose a Chipmaster, please write me, I have all info you need.
Cheers
Erik (from Denmark)