whats wrong with single phase motors,thousands of Myfords have been supplied with single phase motors,, I have an elliiot 14 inch shaper 3 phase running off rotary convertor it runs ok and there is no need for variable speed on a shaper, too much modern technology being applied to sturdy but old design machines.
And I do not see where convertors etc powering three phase motors are smoother than single phase motors, My colchester triumph 7.5HP three phase running off a static convertorwhich affects the spindle and produces slight vibration marks in the work surface, I temporarily tried a single phase 3 hp motor on the lathe and the vibration marks disappeared, a rotary convertor from a different manufacturer would probably improve the situation but at my time in life the expense is not justified,I just live with it , yet my master 2500 running off yet another static converter ( Transwave)gives absolutely no trouble and surface finish is excellent.