More progress.
Got everything put back together. I don't like how far the gib on the compound is sticking out. I only have about 2 threads engaged on the rear screw adjustment and it seems too tight.
Now for the exciting news. It powers on and runs fine. I only ran it for about a minute because I have not changed the fluids yet. All of the power feeds run in all directions as well. The motor may still fail in the future or even the near future but I can deal with that if and when it happens. I think if it does, I may do a VFD conversion instead of just replacing it. Spindle seems to have right at or maybe just a bit less than .001 runout from what I measure but I don't have a tenths indicator.
You can see the stick out of the gib screw here. Any thoughts on this?
Kinda sucks the angle markings on the compound wiped right off when I was cleaning. I may have to laser engrave a new plate and mount it on there.
The Evaporust left a little black discoloration on the ways but the rust is gone and they are smooth as glass to the touch.
BTW
Evaportust Gel is absolute garbage. Leaves a sticky, chalky, bubblegum residue on everything and it is a pain in the butt to clean off. The soaked paper towels work WAY nicer.