Further to Robbo's comments above, and hopefully not taking us too far off topic, as some of us have found out to our dismay the Myford-Dickson QCTP will actually take a 12 mm tool. Unfortunately you can't then set the tool to the correct height due to interference with the topslide – makes you wonder why they didn't just settle for 10 mm in the first place as the holders could be made slightly more rigid.
It seems however to be widespread. The tool holders for the Cowells' QCTP will hold up to 10 mm while the A2Z CNC tool holders, commonly used on the Taig (Peatol) and other similarly sized small lathes will take up to 12 mm (1/2 inch), with the typical tool in use being 6 mm.
Interestingly the QCTP tool holders for my 410×1000 lathe will only take 25 mm (1 inch), the recommended tool size for this lathe, while the standard 4 position tool post will allow up to 40 mm reverse logic?).
I guess in the case of QCTP tool holders this may be to allow for the use of now largely extinct tool shapes but I would welcome any further thoughts on why this might be so.
Pero