Forgive me for replying to an older post, but being new here I was reading down through the first page of topics to sort of catch up on what’s been going on. I saw this one and can offer an educated opinion. Maybe someone will see it and it might be helpful.
In answer to the thread subject, NO! I would not recommend it.
I purchased a used lathe and the HF QCTP was included. Not knowing any better, I thought there was some value there. Not.
IMHO: It is poorly made. It is sloppy. You have to get a hex wrench out to change a tool. The handle hits the adjustment screw on the top of the tool holders. Really frustrating. It has a crude, bizarre way to clamp the holders by compressing cuts made in the thing that holds the tool holders. Strange! If it were $5.00 I would not buy another.
I couldn’t stand the thing. So much so I pitched it in the junk box and replaced it with the Tormach 3112. I would rate the Tormach as excellent. It was designed in cooperation between LMS and Tormach. I couldn’t be happier. The Tormach 3112: What a nice piece of equipment.