I run mine parallel to the bed except for turning angles and threading. I suspect that a large factor in preference is how much work it is to change the angle, whether there's a scale on the topslide base and what sort of toolpost is being used. A retractable topslide, like those used in Hardinge lathes, or the G. H. Thomas one, encourages the topslide to be set over for threading because it makes it so easy.
Edited By Mark Rand on 13/03/2018 20:45:16