If you want a more conventional bed, buy a cheap chinese lathe or just about any lathe bed to start from. Think of it as a casting kit. Strip it and build it right.
If you were going to actually home build one, I think the easiest would be an oversized copy of the Taig. A rectangular tube with a fill material. The most expedient would be a mortar or plaster or portland mixed with gravel. Want extra weight in it? Toss in scrap steel or lead wheel weights. It could be made in an afternoon. Screw a piece of cold rolled steel on the top to anchors that go down into the bed. If you have the capability, mill dovetails on the bed. If not, do boxed ways like a Gingerly lathe. Even better is if you have access to a heat treating facility and use hardened steel. If you prefer, you can also just bolt on some supported linear shafting. A pair of 940mm long 20mm shafts with 4 bearing blocks are $150 at Glacern Machine Tools (some even cheaper on ebay). Hey, go crazy and pick up a pair of the 2640mm rails and build a 103 in. long bed.
Personally, it really is on my project list. I bought an extra complete headstock when I upgraded my 7x10 to a 14 in bed so I could use the chucks and stuff from my other lathe rather than starting over. I also picked up stock for a saddle and tailstock. The only thing I really lack is the tube which I was just going to either pick up at the local steel supplier or maybe use aluminum tubing. I have not really decided yet but both would work just as well and price would be the main deciding factor.