The issues of the best/easiest way to cut metric/BA have been discussed many times in this forum, but when I was asking the same questions as Ron a short while ago many people kindly answered, and so I am happy to repeat the perceived understanding on the topic in my own words. Incidentally, it is difficult to find threads of interest using the search window at the top of this page. I find it much better to go to Google and use a few choice words. The view that I feel most experienced users will express is as follows:-
1. If you do not have a gearbox then you have the fun of changing endless gears to obtain mostly any thread pitch you like and to reasonable precisions. You can use tiny 127 tooth gears, or bigger 63 tooth ones, or the Myford ingredient of mixing in 21 tooth gears. But you also have the fun of changing all these gears again every time you want a fine feed!
2. The delight of a gearbox is quickly selecting any imperial thread and being able to swap to a whole range of fine feeds in ten seconds. But without something else you cannot select metric/BA pitches.
3. To obtain metric/BA pitches, on a gearbox fitted lathe, Myford advised using the Metric Quadrant (that has slots) and a whole new range of loose gears. Once you have spent a lot of money obtaining these (if you can find a quadrant) you are back to all the fun of adding and removing gears every time, and you have lost the fine feed facility when the metric gear set is fitted. Some users estimate a 20-30 minute swap time! The benefit, however, is very precise metric pitches.
4.The easy way, on a gearbox fitted Myford, to get a good approximation to the metric/BA pitches is to swap the idler gear (normally 24T) for either a 20, 21, 25, 30, 33 or 34 gear. The last two have to be purchased specially and the the others are readily available. You then select the gearbox setting that gives the nearest approximation to your desired pitch, by looking it up in a table that someone has worked out. Typical pitch errors are 0.05 to 0.5% with the worst being 0.86%, but perfectly useable if up to ten threads are being engaged. The big benefit is that you can still instantly swap to fine feed, and the idler gear swap takes around 30 seconds.
Norm.