I have just finished out fitting my 7x10 with a new Quick Change tool post and i have to say the improvement is immense. the one i went for was this one.

5pc Quick Change Toolpost to Suit ML7



With the conversion i also removed the compound slide and lowered the block to 36mm above the cross slide. i have also shifted the post 12mm to the right and 18mm back. This increased the maximum diameter i can turn and reduced the torque applied to the post as it is better supported. I will post pictures soon.