There are a total of three set screws.
A. The spindle nose set screw
b. jam nut lock set screw
c. dog point collet alignment set screw 3/32" protrusion.
Q: do I need to lower the spindle taper an inch more for better access to the alignment screw? I read that this can change the pre-load on the bearings?
Bob; I was using a brand new USA Hardinge R8 collet. The collet was working fine w/o binding, then one day, it got stuck.
The head on the alignment pin is mushroomed., not smooth and the Hardinge R8 looks fine., not worn, so that may be part of the problem.
The machinist at my job was telling me that he recently replaced the collet screw and that it is only one screw. I tried to explain that there should be a jam nut set screw behind it, but he got angry and said NO! it's only one! I said, OK, No problem. One screw. That's the other problem.
I'll just use the worn R8 collets and when I buy my own BP mill, It will be well maintained.