Hi Bill,
The 3 phase motor should already be installed on the lathe. You will need to mount the VFD either in the lathe cabinet below the motor or in a separate wall mounted cabinet, as the machine control box is very small. After you have programmed and set-up the VFD, you do not need routine access to the VFD controls or display. Matt will send you a 1K pot and knob with the VFD, otherwise send me a PM with your address and I will send you one that I have. There is a fairly extensive description of the installation and programming here
http://www.hobby-machinist.com/show...s-to-the-control-switches-on-a-PM1340GT-lathe or download this file
http://www.hobby-machinist.com/attachment.php?attachmentid=87276&d=1415299403 .
The main power wiring to the VFD should be 12G (12/3 SOOW Power Cord, or 12/4 if you need 120V at the machine), you should have a service (power) disconnect before the VFD either on the machine or in the electrical cabinet housing the VFD. If using a separate electrical cabinet, I would use a 30A 2-pole 240V breaker. The electrical cabinet should be at least 4X the volume of the VFD and vented (cut holes) on the bottom and/or add a small fan. If you mount it in the lathe cabinet, no cooling holes are needed. Depending on the DRO, you may need 120V at the machine. The light provided with the lathe is 24V 50W (AC or DC), so you either need to retain the stock AC transformer (easiest) in the control box to power the light or replace it with a PWM 24V DC power supply. Depending on your set-up, you will need one or more relays for controls, these come in AC and DC 24V versions. I recommend wiring as Mike has posted which uses the VFD's own 24 VDC power to drive the 4P 24VDC relay. You wire the controls as shown in his diagram and make the connections at the switch block in the control box. You need separate wiring for the speed control.
http://www.hobby-machinist.com/attachment.php?attachmentid=88283&d=1416750164
http://www.hobby-machinist.com/showthread.php/24887-My-Precision-Mathews-PM1340GT-Arrival
Braking resistor, 100ohm (~200-500W) is required if you use VFD braking:
http://www.ebay.com/itm/231133634736?_trksid=p2059210.m2749.l2649&ssPageName=STRK:MEBIDX:IT (this one is rated at 120W unmounted, 500W if mounted to a metal heat sink (so mount it on the cabinet or metal surface, run the wires to the designated VFD terminals).
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table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} </style> <![endif]--> or use stock transformer:
http://www.ebay.com/itm/REIGNPOWER-...083?pt=LH_DefaultDomain_0&hash=item3ce9b22573
Power cable between VFD and motor (shielded 14G 3 wire + ground), shield is grounded at the VFD:
http://www.ebay.com/itm/56-Helukabe...779?pt=LH_DefaultDomain_0&hash=item1e97f06bfb
Relay 4P, 24VDC:
http://www.automationdirect.com/adc...81_-z-_782_-z-_783_-z-_784_Series)/784-4C-24D
Relay 4P mount:
http://www.automationdirect.com/adc...ts_-a-_Accessories/Relay_Sockets/784-4C-SKT-1
Crimp connectors, 22G for control wire at VFD:
http://www.ebay.com/itm/100Pcs-22-A...688?pt=LH_DefaultDomain_0&hash=item2a48f94b28
Diodes, 1N4004 (just about any diode 1N4001-1N4008).
http://www.ebay.com/itm/100x-1N4004...097?pt=LH_DefaultDomain_0&hash=item3f433b8631
Control cabling between the VFD and terminal block in the control cabinet, you can use any 22-26G bundled wiring. I prefer 22G as it is less fragile, and use the 22G crimp connectors at the VFD end (either crimp or solder to the control wires). The wiring between the speed pot and the VFD should use 3 or 4 wire shielded cable, ground the shield at the VFD. This reduces noise pick-up in the cable which can be an issue because of the VFD electrical noise.
You might also consider having QMT install the VFD, as I understand that is an option.
Mark