Maybe I missed it, but did you post a model number or a link to photos?
I did not post a link but my machine looks pretty much like the rockwell
milling machine picture at:
http://www.lathes.co.uk/rockwellmillers/
If you look at the right hand side of the head you will see the quill
lever. I am proposing to add a return spring around the base of the
quill lever with a flat spring to keep the spindle from dropping
when the quill lock is released.
simple concept that seem common now on even cheap drill presses. Hey
there is a source for a spring!
chuck