This is a lightweight but well made lathe. Yes, it is 1"X8 thread, and
an M2 spindle.
However, remember that this lathe is more for spindle work than for
bowls, and this is evident by the lighter weight ways and smaller
They are neat lathes, though. The one I am thinking of ran like a
watch without a hint of wobble or machine noise. Pretty much all you
heard was the sound of the motor.
Another nice thing is that back when that lathe was made, it was made
from American gray iron. Good stuff, strong and ductile.
If you want to have more info than you can deal with about woodturning
and relating wood spinning, hop on over to the woodturning NG,