"Bob S" wrote in message
...
This seems a little more complicated. Everything that I read and the
people that I talk to say that a quick-change toolpost is more of a
necessity than a luxury.

Bob

QC toolposts save you from fussing with shims under the bits. They are
convenient but certainly not a necessity. I put up with a home-made
lantern post like this for quite a while.
http://www.vannattabros.com/20063rd/post3.jpg

On a small lathe they can hold the bits directly and don't need thin
shims to adjust the height.
http://www.autoartisans.com/Lathe/LANTP.JPG

jsw