I finally got the lathe up and running! This has been a tremendous project, and I can cross this one off the list (yeah, it took less than a year, but it had to be completely dismantled, repaired, and reassembled). This thing is operational :
I used brass first, as I am not yet ready to do anything else. I need to learn some operations, first. In fact, I started to learn my first operations today - that of facing, center drilling, and also turning.