OK, here's a question for all of you who've done this before. I removed the spindle following the procedure with the screws and the bearing expander and all. Much to my surprise, the spring loaded wicks were not all gummy and were awash with oil. Don't know what kind, but at least there was some there. I have not disassembled the spindle. Peering through the split in the bearings, the spindle surfaces look great, but, of course, you can only see part of the bearing surface on the spindle through the split. I have reviewed the process for disassembling the spindle and my question is how big a deal is it? I think what I'm going to find is that everything is OK, but I don't want to risk busting something just to find out that there was nothing to find. I did not do a bearing clearance evaluation prior to disassembly because I didn't know what the bearing area looked like. Full of gum, sand, dark blue from over heating or what. I am well equipped to do the job. I have gear pullers and a press so that is not a big issue, but I am not sure of what I am risking to learn very little. My "how to rebuild" book should arrive today, so that will give me a better idea of what's involved.
Right now I'm involved in the more pedestrian task of cleaning all the gunk off the base and the legs so I can get them painted and have a place to re-assemble the machine. They go on first.