Sorry friends for not replying sooner....
Had a crazy busy few months and a few unexpected work trips etc....
So a quick update on the Chinamat misadventure.....
Received the little pearler and excitedly but carefully assembled it. The first minus was the spindle which was bent and had 0.4mm run out. But after much refining and re-assembly (spent more time tinkering than turning but must admit it was rather fun.) with a little extra bracing was able to turn a 6mm aluminium rod down to a set size. The plastic tool holder though meant it had a rough finish. But even this improved after experimenting with different lubes with light machine oil providing the best finish. Found the mil was hopeless on anything but balsa. The wood lathe was very good for turning small fishing lures. and the Jigsaw provided my young nieces and nephews with lots of fun making small wood cut-outs.
But alas the it all came to a grinding halt when the little electric drive motor shaft wore right through the copper bush. Spinning the motor around 180 degrees (so the shaft pressure was against the opposite side of the bush) and a little less belt tension meant that it lived through another 2 fishing lures before going out in a puff of smoke. Luckily a scrounge around found a motor about four times the original retrieved from an old lazy boy chair. To top it off it came with a worm gear on the shaft and another gear that fit on the spindle. The upshot was a decrease from 1500 rpm to only a couple hundred. The extra torque led to a lot better cut when turning allow rod. Alas the extra torque was to much for the spindle bearings.
If you are interested in a unimat 1 micro lathe it pays to go the dearer metal line type or the Chinese equivalent which have metal tool post, slides etc... (Such as the Shenzen z8000m/Unimat ML) But my suggestion is to look out for a old watchmakers lathe as they can be had for the same money! However for teaching kids woodwork and modelling (and getting the kids off the net) the Unimats are a good investment.
The chinamat may live on as I found a new engineering shop down the road with a cnc and they just happened to be looking for a small training project for the new guy. I may soon take delivery of a better spindle and end plate set up. But It will be mostly used for wood turning etc...
The rather good news is that our empty house in a small country town has after a year or so and a 50% price cut found a new owner and the banks have to wait patiently till the next GFC to take the rest of our possessions. So just maybe with a little thrift a Sherline or Taig could make an appearance on my lil work bench in our small granny flat rental in the city.
In the meantime I will keep working on the engine design but run it under a new Thread!
Thanks everyone for your input and encouragement.