The only reason for setting a lathe bed perfectly level at both ends is to ensure that it is not twisted but this would also be true if the lathe sloped by exactly one degree at both ends, in this case though, how do you check a one degree slope? However, lathes are made to given tolerances and even if the bed is not twisted the lathes mandrel may not be perfectly in line with the bed and a little twist may be worthwhile adding to minimise the error.
My recommendation is therefore, set the lathe level using the most accurate level available, probably a DIY version. As most home workshops do not have a precision level this will most often be the case.
Having done that, turn a test piece, checking how parallel this is, and from the result adjust the lathes mounting to minimise the error. Repeat the test as necessary until a satisfactory result is achieved.
Having achieved a satisfactory result, now turn a test piece between centres, measure along its length and this time adjust the tailstock so as to reduce the error. Again, repeat the test as necessary.
Have a look here for more guidance.
Incidentally, I have a precision level and it never gets used. I set the lathe using the above tests, but if eventually I turn an important component and the result has some taper I readjust the lathe’s mounting, if possible, using the component as my test piece.
I agree with Peter and Terry, by the way, what is “Rollie’s Dad’s Method”? (I have now googled it and come up with the answer)
Harold
Edited By Harold Hall 1 on 19/12/2011 19:39:13