One of my projects that was put aside to build the tram tool was this puppy a retractable tool holder designed by a Kiwi (New Zealander) for the younger ones to fit my Dixon Tool Holder.
See the link to a description of the tool the only change I have made is to build the tool 7075 aircraft aluminium.
http://www.hemingwaykits.com/acatalog/Retracting_Tool_Holder.htmlI went to my Model Engineer collection and the complete build how to is in Vol 147 #3668 #3669 #3670 let me know if you want plans I my be able to scan and send.
I also purchased the book Improvements & Accessories for your Lathe by J A Radford ISBN No 1 85761 105 5
First off I designed the whole tool in Solidworks CAD to orientate myself on the true design and the how to make it properly stage, here is where I am at up to this point.
Having now seen the new lift up screw cutting tool buy the gurus on this site i am now kicking myself,................................ no I'll just have to build one of them as well.