I've been working on a Mark 2 version of my compact toolpost spindle. This time, it's going to be a two-speed, geared version with a revised layout to give improved accessibility on the lathe. Also, I've decided that I'll draw it all up in CAD beforehand, as the design is going to be somewhat trickier that the Mark 1. I've just about completed that part – lucky I did because I found that the bearings I'd intended to use wouldn't fit, so I ordered new bearings and they arrived today. This spurred me on to a bit more metal munching with the result that the spindle itself is finished – all except for the nose thread and the collet bore. I've only done a couple of threading operations in the lathe before, so I'm hoping I don't jigger up all the effort I've put into the spindle already. Hope to do the threading tomorrow after "The Archers" omnibus. In the meantime the lathe has been readied by setting over the compound slide to 29° using my home made gauge.

Then rotate the angle gauge 90° and align the compound with it:

Tighten everything up and set the tool 90° to the work and away you go! This will be the first time I've tried screwcutting with the compound set over so that should be fun. If all goes well, I'll post a picture either here or in my album. If it doesn't go well, I'll own up, after I've stopped crying.
All being well, however, I shall be using the same piece of kit to set the compound over to 8° to bore the collet taper and I'm going to try using the Mark 1 spindle to finish it with a light grind – also a "first" for me. Wish me luck!
John