Pal, You scored...beauty.
As an amateur, I didn't buy wisely. I mostly bought because it came out to a buck a pound with tooling, and it was close to home. I went with a well seasoned pre WW2 South Bend 13x60. A good'un in it's day I guess, but it had a little wear here, and a little wear there...constantly playing with gibs and Acme nuts etc etc...trying to tighten her up. One day an old old machinist dropped by and I told him my tale of woe. He worked in SoCal in a bid/production shop for years down there. He said they literally worked those old machines to death, often 2 shifts a day, super heavy slow cuts with HSS tools, the cuts so heavy and the swarf so thick they fed it directly off the tool into a scrap barrel. He said I should have waited until a tool room lathe came along and paid the price..he was right.
