Graham,
If you have a "standard" QCTP with two tool positions set at right angles to one another there is a neat trick I saw demonstrated by Jake Sutton on the SMEE stand at Sandown Pk last year. He used a support (as per the Jabus) in the tool position at right angles to the lathe bed axis and a TCT tool in the other position to cut the material. If I recall correctly, he said that once you'd set up the cut (to get the desired diameter), you had to leave the support loose, until everything was running and then lock it in place.
He describes this (and there is a picture of it) in P575 of ME of 21 Oct 2011 – in his article "My 2 1/2 inch Gauge Adventure".
I haven't tried it yet, but thought it looked an excellent idea and less fiddly than the Jabus.
Appreciate that my description may confuse some, but refernce to the article should make it clear.
Regards Tom