I bought this 30+ year old Rockwell 46-111 and a bunch of accessories a few months back and was wondering if I should put any money into it or just re-sell it and get something different. I don't know the first thing about turning but would like to learn. I just started cleaning it up today and it does run. The shaft the belt pulley attaches to is solid (no play like in bad bearings or bushings) and no unusual noises when running. There is a fracture in the tool rest holder that has been repaired in the past but appears to hold the tool rest solid enough. The lock mechanism that locks the shaft the live center is attached to has a captured nut inside the tail stock housing that turns when you try to lock the spindle shaft. I can probably fix this by having a tab welded to the nut so that it won't turn in the pocket.
As you look at the photos give my you honest thoughts as to whether or not to keep it. I paid $250 for everything in the photos. The tools were rusty and cleaned them up with the wire wheel.
I hope I got some of the terminology close enough to know what I try was trying to describe
I hope it isn't too many photos to send.
The lock handle on top is the one that has the nut that won't tighten.