Gentlemen
Thank you all for your helpful comments. On investigation, it would appear that the problem is backlash. The problem only occurs during tool feed adjustment – work & toolholding is not an issue.
I have stripped down and lubricated the quill locking system.
With the use of a dti, I can see the problem is a combination of backlash in the gears and the quill lock failing to release. Is there a way to reduce the backlash?
If I apply very slight pressure on the quill with the lock and then apply say 15 thou of down feed, the quill does not move. However on releasing the quill lock, the quill drops the 15 thou with a ‘clunk’.
It seems that the quill-lock must be completely free when applying feed via the handwheel.
I have also discovered that the vernier scale on the quill feed only has a passing relationship with the dti reading. I think for important work I will always use the dti to measure the feed rather than the vernier scale.
As an aside, I bought the machine at the ME Exibition with a reasonable discount – I have regretted it ever since as the build quality is so poor. I knew I should have bought a Bridgeport but you get what you pay for.