I’m not sure where “pitch error” comes in with taps and dies. That had arisen in the Bryant-Symons article. A slightly over-cut or under-cut thread is the more likely problem; but taps and dies are not intended for microns precision.
The die holder I have is somewhat similar in principle to Andrew’s but uses a cross-bar through slots and a hole.
I also have a tapping-head generally on a bench-drill with Morse taper spindle; but it would work on a lathe with suitable tailstock.
Summarising so far from the many responses and conversations they evoked:
1) Electronic lead-screw drives: I can see their attraction, but they mean extensive modifications to fit bulky auxiliary machinery. Likely not feasible for me, and tangential to my original question.
Verdict: Discount.
2) Alternative gears between mandrel and gearbox: Seems to entail swapping change-wheels, and those on a special banjo.
Verdict: Investigate but probably Discount.
3) Gearbox modification: It can not be modified.
Verdict: Discount. I don’t think the suggestion, based on motorcycle-racing experience, was serious anyway.
4) Exchanging the lead-screw, clasp-nut and thread-dial according to the task: More awkward than swapping change-wheels, and incompatible with the gearbox. I’d need make these parts, too.
Verdict: Discount.
5) Reverting to original change-wheel system. That was what I asked about!
Against – as Tony Jeffree points out in supporting electronic drives, it revives the faffing, but the only really awkward part is access to the banjo clamp-screws.
For – Straightforward. Maximum thread diameter… large, both internal and external. Maximum pitch 1/8″ / 3mm; Maximum range of pitches up to that limit using the standard wheels. A 42 or 63T wheel would increase this facility by approaching the 127T effect. Myford lists 100T and 127T wheels anyway.
Verdict: Increases the lathe’s versatility, reduces convenience. Consider Carefully.
6) Keeping the gearbox etc, and using better tap and die-holders and/or die-head for small threads:
Against – Thread diameter limited.
For – Simple (no expensive, difficult, bulky modifications). Allows more or less any thread below perhaps 5/8″ or M16 diameter, or a bit larger, depending to some extent on the material.
Verdict: Maintains the gearbox’s convenience, but allows no metric screw-cutting. Consider Carefully.
Essentially the choice is between Options 5) and 6).
My original question was: Has anyone done it, and did you find it worthwhile?
A fellow club member told me he reverted his lathe to all change-wheels and did not find it significantly harder to use; but I think he standardised a lot of his own work around Brass Threads (26TPI).