Guys,
the orginal post was emco ugrade - where are we now?
You can with moderate effort ugrade this machine, I did it, you can.
The emco pcturn 55 is a really great machine to play with, learn, use, make small parts.
What are the otions - use the really old existing dos based cam system/controller that came wth the machine or use linux cnc or similar as the machine controller.
If you decide to convert/change the machine do it.
You need to read all the linuxcnc docs. On the machine keep what works, change what doesn't. I used a mesa card to control the machine, got the turret changing simply, used scripts provided by the very knowlegeable linuxcnc users to make parts.
Walk before you run. Forget pathpilot, fusion, etc, etc...
This is a very small lathe, learn to use it and go from there.
Cheers,
James