Got a quick reply from Floyd Automatic: Thank you for the enquiry, unfortunately our quick change system is only available with ESX20 or ESX25 taper so it is too big for your spindle.
So that's ano go for my mill at least. Did some more web surfing this mornign and found this:
http://www.hightechsystemsllc.com/index_files/Page2045.htm. Which is pretty interesting and low cost. It is made to thread directly to a Sherline spindle but they do have an adapter that you install in the exisisting chuck,
http://www.hightechsystemsllc.com/index_files/Page993.htm, and then the quick change threads onto the adapter. And it uses the same collets the my machine surrently does. There are some videos on their website. I called them this morning and found out that the quick change comes with three tool holders. Anyhow, it looks it might work for our purposes.
I also adjusted the voltage reference for the X and Y drivers (OEM) as they were a bit low. Now I am happily traversing at 21 IPM! A pretty good increase from 15 IPM.
I'll report back after I recieve teh quick change listed above adn let you guys know how it works out.