I spent some time playing around this weekend,
and inspired by Hoss I set up My Taig mill as a CNC lathe.
http://www.youtube.com/watch?v=2Munq_hXxTs
I've got a Syil SX3 on the way but I sure love my Taig.

yeah that is awesome, i am in the middle of the same mod with my X3...just got my fixture plate yesterday so I should have it done this week, hopefully with the tail stock too.