You don't need high surface speeds to get a good finish with ali.
I only run my Myford in the low range of the motor to the top pulley. I think my fastest speed is in the 600-700 rpm range. Sharp tools is really important and then finding a lubricant that reduces or prevents the ali sticking to the turning tools. Lately I have been using Rice bran oil and seems to be really good. Just make sure you clean up afterwards though. I cheat these days and use the Ali/ plastic turning inserts for most things even on bearing steels.
Have fun and learn what you can. With Ali and plastics and woods, you can not have the tool too sharp, but at the same time, don't make the angles too steep on the top rake if you are grinding your own HSS tools. Honing or polishing the top surface with a Cratex or some other polishing tool before you grind the side clearances is a good thing to do as well. But I now mostly use the nice carbides but that was if you are grinding your own tools.
Neil