I picked up the tooling of this lathe, in advance of picking up the lathe itself. The lathe will be picked up in 10 days or so. This page details cleanup of it. For the most part, it is rusted, but looks a lot worse than it actually was, as the rust was mixed with dry grime and did not penetrate the parts too much. All the moving parts still moved, though with some hesitation.
After cleaning, the drill chuck and the lathe chucks all operate nice and smoothly.