My Myford ML7R has received a DRO using wire encoders instead of the usual linear scales with optical or magnetic encoders. I'm quite sure that installing these on a Super 7 is quite similar.
This arrangement allows the use of the taper turning attachment as well as the rear toolpost from behind. It also keeps the T-slots in the cross slide open. The workable distance between the lathe centers is only reduced by 1 cm.
Accuracy of the wire encoders is lower than the capacitative linear scales reaching 0,05 mm precision. Resolution is 0,005mm. However, that is largely acceptable for most lathe projects.
It is also possible to use TouchDRO with this arrangement, so the readout comes wireless on an Android tablet or smartphone. The TouchDRO program is freeware and gives you all working abilities such as drilling on circles a.s.o.
You can read the setup on the kmyca.be website. Sorry in Dutch, but the English version can be read in MEW magazine nr 305, july 2021.