RNR thats exactly what im planning to do regarding paint removal although i do detest nitromors, its a terribly messy way of doing things but it'll save some time.
i like the way you added the little touches of yellow, you have one very pretty lathe
i dont think il have too many problems rebuilding it as ive had most of it striped down before when i first got it (only way to get it into my shed) although time will tell
still not sure whether i should paint it as the original colour or something different, im thinking white but am open to any ideas.
im hoping to put up plenty more pictures as i progress on tomorrow