My thanks to Andrew for sending me some lubrication info. He is correct in saying that the machines are actually quite different as regards lubrication and it's clear that the MG12 is a more advanced machine but it at least gives me some pointers.
Anyway, here are some pics for anyone who is interested.:
Advert pic:

The seller remove the top from the base for me to load it and that exposed some hidden flaking paint. So right away the cabinet was sanded, primed and painted.
Before:

After paint:

I also gave the main casting a damn good clean with jizer and a jetwash

Whilst that was drying I set to making a tool for adjusting the gibs. Someone had tried to adjust them without a proper way to turn the locknuts and made a mess of the screw slots, This tool will help me to adjust them properly.

A nice snug fit.

Looking forward to getting this machine rebuilt so I can use it. I have a number of jobs that will be so much nicer with a ground finish.