I can't see any way that any system involving axles and wheels is not going to be less precise than scraped v-ways.I have seen surface grinders with a crank as you describe, but I have never used one. I think they were more production machines rather than tool room machines. I suspect the gear ratio from the crank to table was pretty high so you could get a long stroke with minimum arm movement. Just a guess. I have also seen surface grinders with a lever to move the table.
Here is a picture of the type of ball bearing V-rail I spoke of earlier.
View attachment 128557
Problem is that your rail won't come into contact until the table has already lifted, even if only by a tenth.Not sure how I missed this thread for this long... but I'm here now!
On the table "lifting" from the thrust. Would it be prudent (simple) to add a rail to each side to cancel out any lift?
I don't believe it would add much (if any) friction or effort as it should only be in contact in a change of direction for a brief moment.
Or I may be completely out of touch.. LOL..