Just some feedback on toolposts and the new to me 254 plus, I've used it now for a few days with the T00 sized Dixon toolpost and holders from the ML7-R ( this is a combination of Bison and A&R Precision). Despite my reservations about the size of the toolholders for the size of the lathe it has coped extremely well with some fairly chunky backplate turning and another job involving some horrible intermittent cutting.
I've decided to stick with the Dixon post, a decision partly made because I notice R.D.Barret tools are having a sale on genuine Bison toolholders at present, so will stock up on a few more of those. Still think the toolpost looks too small for a big lathe, and this applies also to the only suitable Multifix clone the AS size, but as it works ok I think I'll leave it as it is. Whatever toolpost is fitted the small distance between centre height and top of cross slide limits tool size when used in a toolholder. I do have a T1 size post and a couple of holders somewhere, and in the future might make a solid block to replace the top slide
One of the next things to make for the lathe is a saddle stop I feel lost without one, but I do find the graduated saddle handwheel very useful. Thanks for the useful replies to my original question, they did help in making a decision.
Dave