I have an older (1916) Seneca Falls lathe that has babbited bearings in the headstock. It's still running true, but when the time comes (if I'm still around) I wouldn't hesitate to repour them even though I've never done any in the past. Personally, I think it would be fun challenge and a great learning process.
The company I worked for had several ancient (circa 1910) ammonia compressors for refrigeration. They ran 24/7 keeping production rooms, coolers, and freezers operating at the correct temperatures. They were serviced on regular intervals which included rebabbiting the flywheel bearings every 5 years. When the time came the 12' diameter flywheel was hoisted out of the pit and the millwrights went to work. They melted out the old babbit, out of the 8" shaft pocket, put in dams to retain the new material and began the pour. Pouring was the easy part. Scraping to size was where the skill came in. The job was finished, and the flywheel was usually reinstalled within a 2-day period.
The compressors were a joy to watch. The huge flywheel probably spun at around 60 rpms pumping ammonia through several miles of refrigeration and freezer coils. Not only was the system efficient, but it was also extremely cost effective. Unfortunately, there was a powerhouse fire in the late 1990's that destroyed the compressors. Since they were nearly 100 years old no replacement parts were available, and the cost of having them made was prohibitive. They were replaced by more modern (and far noisier) screw compressors. Rather than hearing a methodical thump, thump, thump throughout the day we now had something closer to a screaming banshee to contend with. The company spent several hundred thousand dollars to add sound deadener to the compressor rooms.