One of the plates that bolts up against the bottom of the rails can be turned over. The other has to be reground. Only problem is that if there is wear on these there will be some on the bed rails as well but fixing them can make a difference.
Indeed the back gib plate can be turned over but the front one can only fit one way. On my S7 the bed had been reground before I bought it but the saddle hadn't been ground, so there was a huge gap which even with the laminated shims completely removed was still too sloppy. Myford states the shims are 2 or 3 thou each, there seems to be some confusion here depending on who you speak to. The new shims I purchased from the old Nottingham works were definitely 2-thou as I still have the odd bits here now.
To touch up the bottom of the shears is not a difficult job if you turn the bed upside down. I measured my bed all over and found the outer edges from headstock to tailstock was about +1.5-thou at the tailstock end and about +0.6-thou on the underneath slides both front and back at the tailstock end. Using a fine slipstone and some oil I was able to get the slides within 0.2-thou after a few hours of careful work, which is good enough. To set up a bed to take just a tiny bit off it is not economic. It would entail some very careful setting up and then the grinding would take 30s max on each slide, the grinder barely touching the slides. In any case after grinding it is the hand scraping and finishing which is the important bit. If the wear is really bad then a fine file will take off the bulk of the metal required and finish by scraping and lapping. That's how they were made originally!
Incidentally a word of warning about grinding the ML7R and S7 beds.
If the top of the bed needs grinding then it is essential that the top of the headstock pad is also reduced by the same amount. If you just grind the bed portion then the headstock sits too high! In other words the grinder must traverse the entire length of the casting to ensure the top slideways are absolutely level. And remember it is very easy to take a bit off but almost impossible to put it back on again.
Edited By John Fielding on 26/02/2016 12:36:46