The 'temporary' note made sense when the Myford S7 appeared, and for decades after. In 1952 UK production was dominated by Imperial measure, with Metric available as an option. British industry, foolishly in my opinion, resisted metric, and home workshops were even more conservative. Even today there are Brits who believe Whitworth is the best of all possible screw-threads,
All change! 70 years later, apart from the USA and legacy production, most world manufacturing is metric. Almost all new design is metric. Today Imperial is more likely to be only needed on special occasions, and it's become 'temporary' on most machines.
Model Engineering may be the exception because classic British steam locomotives plans are invariably imperial. In a workshop dedicated to building them, not much call for metric, so it's still 'temporary'.
The only objection to metric being mounted permanently on an Imperial only lathe I can think of is if the conversion needs a permanently mounted 127 toothed gear. They're inconvenient because they take up so much space on the banjo.
Dave