Toolposts, boilers and stainless frames all in one thread. Quite the development!
Looking back, my apologies for repeating the same information as others (patent number and Twin Sisters). I should have properly read all of the posts before adding my own.
Regarding my experiences with the Burnerd, unfortunately I really can't compare it with other small lathe toolposts as this is the only one I've ever used.
I can confirm that I've never had a problem with the toolpost rotating of its own accord however. There's a nut (probably 1/2" BSF, but I'd need to check) that tightens the center bolt into the T-slot, this is more than capable of stopping the post from rotating. All that the ball-ended handle does is to clamp the toolholders within the post, it does not clamp the post to the top slide.
Regarding the grub screws in the toolholders themselves, these are 2BA and keep the tools in place without problem in my experience. They also allow the tool tip height to be adjusted. As with all grub screws, the Allen key hexagons in the top ones tend to clog with swarf but can be easily cleaned out or replaced with cheesehead screws (which is what I've done in a few cases).
Regarding tool height adjustment, it's important to remember that my lathe is a round-bed and hence most of my adjustment is most easily done by rotating the saddle around the bed. Hence I really don't use the grub screws for height adjustment except when initially putting a new tool into a holder.
I have a decent selection of toolholders, but unfortunately managed to break one of my boring tool holders a few years ago when inserting a tool. A fatigue crack had evidently developed at the bottom corner of the tool slot. It could be mended, but fortunately I have another and so have not had the need so far. That will be a project for some future time, I'm sure.
It's important to remember that my lathe use is hobby only, and I'm one of those people who would rather use what they've got rather than buy new. I get a perverse satisfaction out of using old tools (my lathe is over a hundred years old, after all!) and have often found that new tools are better in some ways and worse in others than the ones they've replaced. However, after nearly 40 years using the same equipment I probably know the limitations (mine and the tool's) and feel sure that those limitations are likely more than would be the case for most others
I've recently made a new set of injector cones (very fine tolerance work) and last weekend was taper-turning and taper-boring some 6-inch lengths of 2.5 inch steel pipe for a traction engine chimney, so for me the lathe and tooling works just fine.
Best regards
Steve