Well, it followed me home yesterday.
Still sitting on the trailer (in the shop) so far from ready to start turning but pretty happy with it so far.
Was originally a school lathe (minor crash evidence but also minor use), then it was owned by a local foundry and then for the last 10 years by a fellow that owned a company manufacturing precision equipment, it was in his very nicely equipped home shop, he upgraded both his lathe and mill.
Was powered, we ran it through most gears and he offered me to run it through the rest but he wasn't the type of guy to have stuff that didn't work. Only thing it could use is a clutch adjustment which sounds like its a bit of a pain which he didn't do as he just ran it on the VFD and didn't really use the clutch. DRO works (glass scales I think), has what appears to be a very beefy (7hp) Baldor VFD and a digital RPM gauge. Also has a fancy 3hp all stainless steel (no maintenance, couple other aspects of note that I failed to catch) 3 phase motor.
Came with L00 spindle, bison 3 jaw, Kobayashi 4 jaw, home made indexing head, faceplate, gap still in place although may have been removed in the past, spare 3 jaw, tailstock, misc adapters and do dads, Jacobs morse 3 drill head, home-made steady rest, all the wrench's and probably some other bits and bob's I'm forgetting.
Really like how the lathe and cabinet are one unit, seems like a very rigid design.
Tom - Looks like I'm in the market for a QCTP. If you are looking to sell let me know what you have? I'm not in a panic so feel free to say so if you want to hang on to yours, I believe I have one I can use in the meantime and not even sure what I'm looking for just yet.
Thanks to all for the comments and advise.