I rebuilt a set of cheap India made scissor type knurling tools. I turned pivot axles from shoulder screws, made new wheel axles from hardened tool steel drill rod and replaced the knurl wheels with with new US made wheels.
After using it for the first time, I dropped my china bump knurling tool in the trash can.
My lathe is a 13x40. I imagine that on a 7x14, the difference would be even more significant.
The knurling wheels on my chinese bxa bump knurling too had so much runout that a could see my whole compound rest flext in rythm to the spindle rotation.