The feed for the CO is much the same as that found on the Emco Unimat3, very easy to fit and use and a tried and tested design.
The unit is screwed onto the end of the machine where it can remain. to opperate it you simply push in teh knob to engage and pull it out again to disengage. Depending on which way you put the twist into the belt it will drive left to right or right to left.
As for 4mm tool bits I think you have used Tracy Tools in the past they will have them but maybe in the inperial 5/32" size and ARC do 4mm ones, both of these will be blank tool steel which you can grind to your chosen shape though ARC also do a set of 4mm preshaped ones, you should be able to get teh AC stuff from Ausee.com