Well, it took the whole afternoon, but we got it off the pallet and wired up. Check the oil levels, learned what the levers and knobs do, and made a test cut.
WOW!
I have no idea how this Chinese PM1440 lathe compares to a big name lathe, but I may never even power up one of my small Harbor Freight lathes again.
It will be a while before it makes any airgun parts though. Its got to learn how to make plastisol injectors efficiently first.