No, the bull gear is fixed on the spindle. The small spindle gear (sold and numbered as though it were a part of the cone pulley) apparently sits up against the thrust bearing. Assuming that all else is the same as on the 618 (except for the absence of a collar with set screws between the bearing and gear), the clearance between the bearing and gear should be 0.003" to 0.005". Apparently, that clearance is set by loosening the set screw in the bull gear and sliding the bull gear towards the pulley. And unlike with all of the roller bearing headstocks except the 6" MK2, you can actually use a feeler gauge to set it. Slide a 0.003" feeler gauge down between the small gear and the thrust bearing, hold the bull gear against the pulley, tighten the set screw, and confirm that the clearance is less than 0.006"