Hi
As has been said – use oil not grease on this early version of the ML10. It is a plain bearing machine so be liberal with the oil application to headstock and countershaft. There is nothing wrong with this lathe – I had one for years and we spent many happy times together! It is a capable small lathe and should set you well on the path through this hobby or, as some wives might say, obsession – (not my wife of course!)
I note from your 'photo what looks like a tumbler reverse on the left. This was a useful modification I added to my ML10 – I think it was from one of Hemmingways kits.
I don't know if you are aware but there is a Yahoo group for Myford lathes – click HERE – and, in the "Files" section there is some information on the machine. You can, of course, ask here and you will receive (mostly!) useful information.
Oh yes. Another very worthwhile mod. is to add a leadscrew clutch. These are available ready to fit HERE but I made mine quite easily.
Regards
Norman
Edited By NJH on 21/08/2012 15:01:14