Hey Bob
You seem to be on another planet ! Your not a Myford lover are you? No insult intended.
The reason I said Minimum 25 mm spindle whole is because a lot of small pistons for small stationary engines are about .750 to 1" Dia and it means you can place a bar in the lathe with out ending up with all those small short lengths.
Yes swing is important and you will find that the bigger the swing the bigger the chuck. Lets not get into gapped beds.
In regards to hardened beds. A machine with a soft bed that is rarely used will not have much ware but have a close look near the chuck and you will normally have small dings where either the chuck has been dropped or a small job has dropped on it. Now most clever people use a special board on the bedway when changing chucks. And if you use a tool post grinder and you don"t cover you bed the lapping paste will form and the soft bed suffers.
I have had two lathes with a hardened bed for over twenty years and is still accurate, Apart from the time I slipped with the hacksaw and ripped of all the teeth on the blade. Did not harm the bed.
Bob I am surprised you say a Norton gearbox is not essential. The alternative is changing gears on the drive train for all the different thread pitches.
Now be sensible if your screw cutting feed shaft is also your slide feed shaft it will get very sloppy close to the chuck. The best machine is fitted with a screw cutting shaft and a feed shaft. Have a good look at a Colchester and the third shaft is for on off lever to start and stop the machine. The feed shaft provides drive to the longditudinal & cross feeds you don't have a feed shaft for each purpose.
In regards to V belts, try looking in a bearing supplier or hardware shop they will always be new ones.
Don't get me wrong the Myford lathes are a nice little machine and the turret from the Milro turret lathe will bolt strait on to the old flat bed models. I also like the little Hurcus.
So if you have the time to muck around with gears when changing thread pitches and when it comes to large face plate jobs you use your mates big lathe get a small one.
But the lathe you buy when you first start out will be with you until you either have the money to up grade or get put into a pine box. The Chinese lathes are not to bad, I have one and there cheap. One thing most people do not know is that some chinese lathe manufacturers are US companies set up in China.
Later I will post some pictures.
Larry. 