Pretty much the same thing I do (which gives me 10-1/2" by 5-1/2" "table" travel, enough for most small jobs) - a hint here, run the tailstock up and support the back of the angle with the quill, it adds am useful bit more rigidity to the setup.
I was all set to buy a nice old (WW2 vintage, and complete...) B&S universal as soon as payday came around, some bugger pulled that particular rug from under my feet :'(
Dave H. (the other one)