Stephen,
While in my opinion the piston type QCTP is not inherently worse than the wedge type in either longevity or accuracy (I have a Yuasa 100 Series [AXA equivalent] that is still going strong after 33 years), I would not buy the one that you are looking at for one and possibly two reasons. The for sure reason is that the Tool Post itself is aluminum. It for certain will not last as long as a steel one. The second possible reason is that the ad does not give the industry standard size. I have actually written the seller asking what size it is. If it is a 0XA compatible, then that part is OK. Although I still would not buy an aluminum tool post. If it is not 0XA compatible, then you are going to be stuck with buying all tool holders from this seller. And as Pierre has already written, you need more turning and facing holders than the two that come with the set. With only two, you are not much better off than with a 4-Way turret tool post, which would be considerably cheaper.
Anyway, the correct size for the Atlas 6" machines is 0XA. (rest of this line was in error-sorry... or 100 Series).
If I get an answer from Little Machine Shop, I will post it here.
BTW, anyone, what is the width of the T-slot on the compound on a 618 or 101.07301? I've never seen one and none of the manuals seem to say but I just thought that 1/4" seemed unlikely.
Robert D.