However, I guess the real question is... is my lathe Aloris quality? One post on this subject I read said an Aloris on the Grizzly 4003 type lathes is like Cadilac hub caps on a Chevy. In other wards, a waste of money.
Look at it this way. A 12X36 lathe is mid-size, not a wimp, and it is more than large enough to use a decent tool post. Is it good enough to use an Aloris or Dorian tool post? Yeah, it is. I own both Aloris and Dorian posts and use them on my Emco 11" lathe. Both of my posts are slightly older than the current generation and have zero quality control issues. They are smooth, reliable, trouble-free and do not loosen in use.
I do not own a Chinese tool post and probably never will. However, it is the consensus on this forum that they are more than up for the task and I have no reason to doubt the guys. You will save money going this route if cost is a concern.
About 1/3 of my tool holders are from Aloris (the rest are imports) and the quality differences between them and the Chinese equivalents is significant; quality really shows here. However, the import tool holders DO WORK.
Perhaps one option is to buy an older Aloris or Dorian tool post. Check with
@jwmelvin or
@mmcmdl to see if they have a deal for you. Then if you have the money, buy Aloris or Dorian tool holders; they really are the best to use on this type of post. However, if you need a lot of them then it will get expensive really fast and the imports, while not of the same quality, will work just fine.
Bottom line is that your lathe will benefit from a good tool post. How good depends on how much money you are willing to spend.