Made some progress today, making good use of my turret type Atlas cross slide.
To align the rest in the lathe, I made a mandrel to fit the top hole, when held in the tail-stock, this holds it parallel to the lathe bed. It will also mean drilling a concentric hole in the base should be easy too...
Set up using parallels cut off a cleaned up rusty bit of m/s stock, some random pieces of steel and four Stanley knife blades, all sandwiched with the thin pages from Machine Mart's catalogue
to avoid the slippage I got on my first try at fly cutting.
A bit impatient, I took some .010 cuts to hack off the rough left after I angle grindered off the waste, this resulted in extreme violence as the cut changed to a climb cut as it passed though the front...:nuts: I need to sort out my tool angles and cross slide nut ASP!
Careful gibb adjustment, a few tries at tool angles meant I ended up with this, works well for me with no noticeable movement of the work, passed the finger test!
Still getting this secondary cut, even taking a .0005 cut, any pointers as to why I get this would help a lot, haven't measured it but can feel it..
This is the tool grind that worked well for me, it cut well at .005 without causing any chatter or thumping, handled the interupted cut over the hole very well, although you can see the edge has gone off it now.