Thank you guys,
I suppose it would be as easy to make a radius turning attachment as it would be making any other type of tool, up and over and so on. It would still be nice to have a backup method.
I did actually have a small crash when trying to do turning (circular groove) on the RT before I had the lathe, the vertex HV4 doesn't offer very good clamping and it broke loose. But this is related to radius turning or ball turning. I think the cutting forces will be across the backlash not against or with it for the method in my drawing, but I will be careful.
If I use the 45° tilt head method I think the cut will use both climb and conventional milling during each revolution of the cutter. Trying to get my head `round that one 
Muzzer, I think I see what you mean. The most time consuming bit would be as Clive suggested in getting the centre of the table perfectly centred to the axes, for my WM-16 and HV4 that would be Z and Y. I was initially thinking that I'd have to centre the RT, leave it in position and gradually move the cutter inward.
Jason's link shows the idea in practice albeit in the horizontal plane.
Thanks again,
Ed.