I have a Warco 1330 gear head lathe that has a spindle brake mounted on the headstock input shaft pulley which, as Russell says, is where they are usually fitted on these Chinese lathes.
It's a very neat installation that works very well, but it does put a strain on the headstock internals when used from high speed. I think they are really intended for emergency use only, rather than repeated use during turning.
I have only used mine twice in ten years from new, and found it was not correctly set up when delivered, so that it didn't turn off the motor power before stopping the spindle, despite being ticked off as working correctly on the lathes test flow chart. So as well as nearly cooking the motor it also nearly ripped my hands off as the spindle restarted when the brake peddle was released, ouch!!
So mine is reserved only for emergencies. Some of the geared head lathes on offer from the Far East up to 13 inch swing such as my Warco 1330, plus some of the 14 inch models, have relatively light duty headstock internals that use shafts with single keyways rather than multiple splines.
I have seen an example of a 14 inch Chinese lathe with the same headstock internals as mine that had destroyed the headstock shafts and gears from repeated use of the spindle brake with a heavy work piece in the chuck, although the operator was probably over doing it a bit. The keyways and shafts tend to twist a little due to the inertia loads, sending everything out of line, leading to self destruction. But this was a rather extreme case.
Edited By Lathejack on 30/08/2014 09:45:02