I turn wood sometimes with my Hardinge Cataract, and I made a simple clamp on tool rest holder - It was easy for this lathe.
The main problem, most of the time, is that many lathes just cannot turn fast enough for wood -
The Hardinge can spin up well over 3,000 rpm, enough to do even small turnings, pen blanks for example.
I certainly don't do it all the time, and I think my life is just too short to learn to use a skew - I just stick with gouges :~)