Hi Mario. Yes lathes, pumps all sorts of things.
By the way, the company that makes your drill press also makes lathes with the same abilities as your press...they adapted that technology to make the drill press...as I'm sure you already know.
Yes, in my research found may folks that take an older lathe and adapt a vfd to it allowing more control. I don't have a lathe, but thinking of one when I retire and have more time...I have looked at the nova lathes and they seem very nice...not that I know much about lathes...lol
I started the adventure when I read a post about a fellow than adapted the vfd to his drill press He was very knowledgeable and gave a very good explanation of how it worked. I tried to purchase the same vfd as he had, but as with all electronics that version was done and ended up with basically the same thing only a newer version. If you are interested, download a manual for a vfd and give it a read....much like a new computer user, it takes a bit to understand how it works. I have a pretty good understanding of electricity, and I find most woodworkers are pretty handy wiring motors by simply following the diagram on the motor.If you have any concerns you just post a picture and someone here will steer you in the right way....the folks here are pretty darn nice.
My VFD project was well over a year ago, and while I remember some things, I would have to go back to my notes and manual to give out accurate info. If you decide to go this route, you could PM me and I'll do what I can to help you...but like I said before I'm sure there are experts on this forum that could answer questions better than I......
The one thing I do remember struggling with was the motor...many people said you needed a motor with a fan that ran all the time to keep them motor cool...I believe these were call "inverter duty" motors...I bought my motor from the vendor that supplies my workplace with all of our motors. When I explained what I was doing he told me I didn't need to spend the extra money for an "inveter" motor as the drill press will not run long enough for the motor to get hot....not sure about a lathe.It might be worth some investigation to make sure you get the correct type of motor for the application....it's the torque that the VFD applies that will heat the motor up when going slow....my motor stays nice and cool even though at low rpm's the fan on the motor runs slowly, but not for very long period of time....it's never even gotten warm using large bits or hole saws...
I tested the vfd and motor on my bench (make sure you clamp the motor down...don't ask my why....lol) first and get it working before installing it..easier if you need to rewire ect....
I really had a lot of fun tricking out the drill press..I eliminated the middle pully , and got rid of some vibration I had before. I also now have the other parts to run the VFD in a remote fashion. The VFD has low voltage and smart outputs that allow you to connect speed controls..(volume pot basically) forward reverse switches, on off controls ect....this allows you to not have the vfd mounted to your machine (like I do now), and saves you moving thru menu's to change things by using hard controls....this once again requires picking some options in menus on VFD, but nothing anyone couldn't figure out by reading the manual....afterall I figured it out..lol
Maybe this winter I'll get to wiring the hard controls the the drill press and then I can mount the vfd on the wall in a box to protect it a bit from the dust and vibration....hopefully...lol
The other really cool thing about it is I have it set up to stop with my large paddle on my press..its stops in a heartbeat in case you have an emergency where something gets away on you....safety first!!
Also, while the vfd will display your rpm's, it requires some special gear and measuring....I took the easy way out and bought a digital rpm gauge(the display in the decora switch cover in my pictures under the VFD) from amazon for around 20 bucks...you simply epoxy a magnet to your front pully, mount the pickup for the magnet close to it, and it pulses a signal to the display giving you your rpm's...brilliant!!
Hope this helps...if you have any more questions, fire away, and thanks for letting my crash your post....haha
Greg