It wastes much less travel mounted up top.
In the 1st image, that is the lowest the X will go.
second image is the highest. It looses about 3 inches or so.
The 4th image with the tool post top mounted may only loose an inch.
Image 7 shows the upper travel limit. I can easily put a turning, threading tool there in place of the knurler and then a few boring bar style tools in between. If you needed to turn bigger parts or parts with the tail stock, those upper and lower plate installations and positions might come in real handy. You would basically have to remove the tools on the Tslot plate and just use the QCTP. I don't plan on getting a tail stock, but then again if the need arises....