It's with some trepidation that I offer an opinion that differs from Graham Meek's. I believe that it is possible, preferable, even, to adjust the 'slider' and gib clearances with the head and column in situ.
The crucial thing is to ensure that the head can fall under its own weight. The feedscrew should never be trying to push the head downwards. The adjustments should be done in the order Graham specifies, with the feedscrew removed. The head isn't that heavy, and can be slid up and down the column without too much effort, and still with good feel, the process being helped by being able to stand behind the machine, at a suitable height (on a stool, for example). Ensure there's a block of wood, etc. between the table and the head, in case you lose grip!
Anxiety about x-axis inaccuracy can be investigated by 'clocking' possible rotation around the column, and attending to the gib adjustment.
It's not the most rigid design, so I believe that the adjustments need to be as tight as possible, to the point where the head is only just free to move under gravity's influence. It's for that reason, and for convenience, that I suggest doing this with the head and column in situ. Lock the head to the column whenever possible when cutting. Some folk have improved the clamping arrangement. I just use my impressive strength…
Edited By Kiwi Bloke on 30/06/2022 11:01:35