Silverbullet, thanks the mess on it is not the normal oil swarf buildup on lathes , this one has polishing compound ,scothbrite particals everywhere basically lapping compound,
it will eventually be completely disassembled cleaned ,painted , enything needing repaired will be.
It will be a long project as this place I bought needs some help to.
Although the bed ways look to be in great shape, the spindle bearings may need some help.
I'll tackle one assembly at a time till it's done.