Ok, but by building a custom Z-axis and mounting it on the rear of the ram I would retain whatever travel I build into the new axis, it means swivelling the ram round to change from heavy to light milling but thats about it, plus would need two z-axis drives - heavy and light.

The Z on the heavy side is a pain, a couple that i have seen today - one replaced the quill lever with a toothed pulley and drove that via a planetary gearbox reduction - seemed ok, another replaced the fine-feed hand wheel and drove that, the ones that mount to the front of the quill I am not too impressed with, have read a few tales of quills being trashed by the single bolt pulling out.

As for speed, so far most of my mini-mill work ranges from 600mm/min to 150mm/min - hardly blistering, I'm sure the old girl can match that ;)

I think this may be an interesting project.