Posted by Andy Gray 3 on 20/11/2020 09:01:03:
I’d respectfully suggest using it as it is for a week or two to get the feel of it (making minor adjustments such as slideway gibs, etc.) before launching into a full strip-down.
Sometimes taking things to bits introduces new problems! 
+1 Or longer!
The urge to strip down new toys is almost irresistible, but don't do it as a first step! Although mini-lathes aren't delicate there are many opportunities for beginner blunders. One example, gibs go back in one way. Not unusual for enthusiastic innocents to put them in upside down, or the wrong way round, or fail to notice the adjusting screws are meant to engage with dimples (usually). And a certain amount of skill is needed to adjust correctly assembled gibs for best smooth running tightness, end to end.
When the new owner asks for help on the forum, it's hard for this end of the internet to tell the difference between worn-out, needs normal adjustment, and incorrectly assembled faults if someone has been 'at it'. Worst of all when several assembly mistakes are made.
Another booby trap, beginners often try and machine random scrap or DIY store metal, unaware that much of it is nasty stuff. All too easy to assume the machine is wrong and start fixing it, when the real problem is an inexperienced operator struggling with difficult material.
Take it step by step. Strip down after using the lathe reveals something needs attention. Cutting metal reveals faults better than any other approach. Reassembly is much safer when the machine and it's quirks are understood. It doesn't take long!
Dave