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Restoring BP ways and spindle bearings? - Cost and Effort?

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Hi folks,

I'm going to look at a BP J-head Series 1, 1.5HP, round-dial variable-speed unit tomorrow. The previous owner says the gibs are tight around the center to adjust out the play and therefore, it's tight at the extremes of travel(clapped out?).

How much effort is it to restore the ways/gibs?
I'm game for hand scraping but my goal isn't machine restoration..:-)

Also, the owner reports a bit of vibration at high-speed (4K RPM). I have the same question for the spindle bearings & quill - I'll measure the run-out tomorrow but I'm wondering what the effort/cost is to replace those.

Thanks ahead of time,
Dave

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