Hi,
On the Myford pages on http://www.lathes.co.uk it is noted that "it is wise to bear in mind that the maximum recommended speed of the original white-metal bearing spindle is 1000 r.p.m", however the author also notes having seen many lathes run above this speed – I suppose good lubrication and careful adjustment of the bearings is important.
I have an ML7 which I fitted with a 3ph 1400rpm motor and have only run it on the normal speed range, however I have it in mind to open up the max frequency on the inverter to 100hz – for short running periods speeds using up to 100hz are acceptable providing cooling is adequate. I am considering setting the normal frequency to 60hz as per the USA myford spec to give a slightly higher speed range. If you used a 2800rpm motor on an inverter you could safely run it at 25hz to provide the normal speed range, however motor cooling would need careful attention, and perhaps an auxiliary fan.
Thanks,
Neil.