RE: slots and nuts
Yes, of course I can knock out a few nuts, that's not the issue here. The slots are actually just wide enough to fit the 10mm bolts, but they are not wide enough to accept the little sleeve on the top of the nuts. There are just a few tenths missing. The slots are also deep enough to accept the 10mm nuts, but again, the bottom isn't wide enough. That could easily be fixed by just reducing the nuts to the necessary size, which would only leave a widening of the neck (i.e. the top of the slots), because if I reduce these to the necessary size to fit, there won't be any material left and I would end up with some very odd looking T-nuts.
I am not in favour of buying an 8mm set as the slots are already too wide for the clamping screws that came with the cross slide. As mentioned, even minimal tightening has already damaged those very spots where they have to sit, and using an 8mm clamping kit would just aggravate the situation, and then I would end up having to buy another saddle top.
I'll probably give the "machine the nuts to fit" a shot and then we'll see.
RE: parting off:
I think I might go for the special tool holder and running the lathe in reverse. Building a back end tool hold looks like quite a bit more work to me.
RE: tripping fuses: can't really comment on that. However, you should note that most electronics use capacitors, and they have a definite lifespan, for commercial grades usually around 10 years (consumer grades around 5-8 years). Some types have hydrophilic components inside (i.e. they will suck up humidity in the air) and that strongly affects their function. Since capacitors are often used to dampen the effects of phase-cutting, it is quite possible that on first start-up (when the machine has to work a little harder to get going against stiff grease and oil) some of these effects make it through to your mains connection and trip the switch.
So, how old is the lathe? Maybe you should look into replacing the electronics.