A bit late to the party but here is my 2¢. My preference for machine stands is steel. Wood will expand and contract with humidity and can twist in some strange and unpredictable ways. But a solid wood bench would be preferable to a flimsy sheet steel stand.
I also believe that machines are usually built without a twist. The twist comes about by bolting them down to a surface which isn't flat. A solution to that is to not bolt the machine tightly to the surface. For a lathe, I would bolt down the headstock snugly; just enough to prevent it walking. The tailstock end could be left free or a restraining bolt added but tightened to the nut just barely touching the lathe. Double nut the bolts to prevent them from loosening in use. If your bench top isn't flat, inserting a hard rubber mat under the lathe feet can further isolate it from the bench.
In any case, I would check the lathe using the two collar test or Rollie's Dad's method. If it is determined that there is unacceptable taper, further action may be required. One solution for a wood bench would be to place a piece of heavy steel plate between the lathe and the bench. Lighty fasten the plate to the bench so it is free from distortions in the bench and drill and tap holes for mounting screws for the lathe. You can then use shims between the lathe and the plate to twist the lathe bed to correct for any taper.