I got off on a tangent. I see now that spindle mounting the boring head is the way to go. But just for the mental exercise:
suppose I have a rotary table already mounted horizontally on the milling table of a vertical mill. Suppose the rotary table has a MT3 center hole. Now suppose I have a boring head with MT3 shank. I don't see why I couldn't mount the boring head vertically in the centering hole and mount the workpiece in the mill spindle. So, (locked down)rotary table becomes lathe tailstock and mill spindle becomes lathe head stock . I suspect the problem is there is no easy way to remove the boring head from the rotary table. Would have to unbolt the rotary table, turn it to vertical position and knock out the boring head from the small end of the center hole taper. Still, a pretty secure way to hold the boring head - in a situation where it is easier to hold workpiece in the spindle than on the mill table. Has anybody run across such a situation? Just curious.