The best simple arrangement for a spindle I have seen is used on the later unimat. Just 2 ball races and a stack of thin disk springs to provide the pre load. Those can be found on the web. The bearings are located on circlips so can be machined in the same setting as the bore – ensuring it's all as good as it can be on a given machine.
Used this way the ball races are effectively being used in a sort of angular contact mode. They last a fair old time on a unimat so personally I don't see the need to use angular contact bearings. The arrangement is cheap and simple and works rather well.
I'd use the same bearings as the unimat and compress the springs via a screw in part. I started heading in this direction for a toolpost grinder
and then found I had one. It need some work but if the spindle proves to be a problem out will come the unimat stuff.
I would have thought that circa 4,000 rpm would be enough even for other types of wheel.
John
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Edited By Ajohnw on 18/12/2016 13:40:36