I think u can cut accurately to 0.01mm when measuring with micrometer,
0.2 mm when using lathe adjustment markings.
There should be no play on the slides after adjustment.
On the leadscrews my lathe/mill combo has about 1/8 of a turn of play.
The play on the leadscrews are not critical because a cut is only taken
in one direction.
Only when a machine is equipped with a ball leadscrew will there be on play
in the screw.
All the screw cutting was done on this lathe/mill combo.
Don,t buy any cutters from Adendorf, they are useless. Rather buy high speed steel
blanks and grind them yourself.
This lathe/mill combo is already equipped with a very sturdy cross slide vice, ideal for milling
and drilling.
All u will need extra is a live centre and a collet chuck set for the mill.
When cutting short lengths of threat the chuck must be turned by hand because the lathes
lowest rpm is to fast.
Some pics of what a REAL skilled craftsmen can do with this lathe.
http://barronaviation.com/Default.aspx?tabid=130&pid=0