Today I put my MT5 ground test bar between centers after confirming my headstock alignment was good, and dialed in my tail stock. The GT1340 tailstock is a tad finniky, but I started with a dial test indicator on the tailstock quill, nearly fully extended and locked down, and dialed in the parallelism to the bed ways using the rear most adjusting screws. Next I swept back and forth on the test bar to get the center dialed in using the opposing side adjusting screws. I had to back off the rear screws just a tad so the tailstock would shift smoothly in the X axis, and then button everything up once adjusted to ensure it was all tightly locked in place. A 3 casting design may make each axis of tail stock adjusting easier, removing dependancies between the X axis, and Axial alignment. but it just took a bit of back and forth and hopefully I am good for a while there.
When sweeping the Z travel, I noticed my DTI would show about a thou in variance based on where the wheel was, so I suspect there is some slight runout or eccentricity of the feed gear and the straight gear mounted to the bed, so I slightly tightened the rear apron gibs to minimize the pulse. Did a slight adjustment on the cross slide gib, and the compound gib, and buttoned everything up.
I just started making the Hemingway sensitive knurling tool, so I can now continue with that build. I think I may turn a live center nose extender so I can do a better job of getting my cutting tools closer to small diameter parts. Question for those who have the PM live center. How do you take it apart for maintenance?