Paul, yes I did the same with my old CL2 (easy seeing as I built the stand) but the new CL3 doesn't have the same problem as it uses the new banjo with a bristol lever at the front. The tailstock is the adjusted from above (lever at the back) but if you need to swivel the head then that is still a lever from underneath.
Lee, re your original post, some other observations...
- The record does not have a hollow headstock - i've never had the need for one, but other makes do have this.
- It does not have an indexing system on headstock (but they can be made or bought)
- it doesn't have a spindle lock, you use a spanner (and I use an old whitworth one ground to fit as the original record one was too flimsy)
For me none of these are issues /problems, and I everything I have used it for (up to 350mm bowls) it has coped with easily and rock solid. The variable speed control is excellent and by selection of the pulleys in conjunction with the VSLK you can get very low speed and high torque. I have no intentions of upgrading mine in the forseeable future. Finally, when I first installed mine there was an annoying squeal from the headstock bearing when run on '10' on the vslk. Record offered to collect and fix but I agreed they could send a bearing for me to install which they did immediately. I've now had the lathe almost 3 years.