I wanted to show you what the feed motor does but I don't have many pics of something like that. I do, however, have a pic of my live center and I used the feed motor to machine the thing. The bearing housing and tailstock arbor are 1144 Stressproof steel and the tips are O-1 tool steel, hardened and tempered. The components you see are as they come off the lathe - no polishing, sanding or anything. The only process used aside from turning is employing a graver to soften all the edges.
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Everything you see here was made on the Sherline lathe with HSS tooling and most of it employed the dc feed motor. Most harder steels, like 1144 and O-1 in particular, like to be finished at high speeds but looow feeds if you want a good finish. It is difficult, at least for me, to get a consistent finish manually. So, for harder materials you want to use low speeds with moderate feeds to rough and high speeds with fine cuts at low feeds to finish and a power feed will aid in both instances.
Imagine if your speeds and feeds were tied together via a gear train; how do you run at high speeds and low feeds if you don't have the gearing to do it? My Emco Super 11 can get close to this (I have a quick change gear box and a full change gear set) but it won't produce the finish you see here, not even on its best day. Most "machinists" consider the Sherline lathe a toy but in my view, they are naive.
It is my opinion that a Sherline lathe needs a small handful of mods to be really useful - a good live center, a rear mounted parting tool, variable power feed and really good HSS turning tools. A graver and a good knurler are icing on the cake.