Hi Carl,
Before going to that effort, perhaps investigate the VFD settings related to the low speed/frequency range.
Unless your VFD is a Vector mode controller ( most low cost units are not) is will have a user adjustable output voltage versus output frequency curve. At low speeds the output voltage is reduced since the output frequency is also lower, and the motor impedance at that frequency is to low for 'higher' voltages.
However, the standard V/F curve as programmed in by the VFD mnfr generally errs on the very safe side.
Find in the VFD manual ( or post the VFD part number and I will try dig up a manual and try help you) where the programming parameters are and then we can slowly adjust them up at the lower speeds. Do this with the drive belt disconnected and when the motor begins to grumble a little at the low speed desired, back off slightly. The worst you may have to do if the exercise is successful, is to add a muffin fan to the motor to cool it at the low speeds, as the motor fan is useless there.
I have 1kw motor on my EMCO V10, and in top gear on the headstock, the motor to spindle ratio is 1:1. The motor is a two pole motor, and I can drill a 20mm hole in aluminium with a feed rate of approx 0.4mm per rev. at 30 rpm. The motor is happy – I am not, because there are headstock fibre gears in the path of all that torque and so I don't do it…But the motor can be coaxed to do it!
Regards
Joe