Sounds like that's a plan!
I've got a Bantam 2000, which is the same thing as an 800 but originally with a two speed motor and slightly different gearing (drive pulleys?).
One of the functions of the original switch is to stop you energising the controls after power on if the apron switch is not in the "stopped" position. So the motor can't do an involuntary start if the mains fails and returns (no volt release function).
I use this as part of the E stop function via the foot switch, so that once you have pressed the foot switch you have to move the apron switch to OFF before the controls will re-energise. It means that the foot brake is an emergency stop, which is not ideal if threading up to a shoulder for example, but I thought it was a price worth paying.
I re-built mine to use a VFD whilst keeping the original switches so it looks and functions as closely as possible to the original. The reversing function uses the switch contacts of this F/O/R switch connected directly into the VFD , no longer taking the motor current.
Rgds to all
Simon
The two speed function is now achieved by feeding a single speed motor with 50 or 100 Hz. Actually this won't get me the top 2000 rpm speed as the motor runs out of puff, but otherwise it's been very successful.