The cross-slide is of course a major issue.
Basically, assuming I could get it for scrap price or nearly so, would it be worth the effort of putting this thing back together? What I'd like to know is how good this brand is in general, how good these machines are, availability of parts, and so on. The guy's out of his tree on the price, but might be willing to dicker or do a partial trade. The brief writeup on these models on .uk mentions some nifty features (like shift-on-the-fly) and this particular one has some useful aspects a 2'-plus through-hole, D1-6 chuck, an MT5 (!) tailstock barrel and a 22' swing.
The owner says he has the handwheel and screw and whatnot, but the toolpost and cross-slide casting are missing. Spindle turns freely, gears shift nicely (not under power, but the shifters move and 'clunk' like they're going into gear) but obviously this thing's a hefty project. The black gunk on the ways is supposedly some kind of cosmoline-like substance (it's waxy/tarry) so the ways are allegedly still pretty good under it.
A local seller has this sad-looking (but salvageable?) Graziano SAG 210 lathe:
