I can't remember ever seeing a lathe with live tools running on Mach3.
As an example of using live tooling on the lathe, for small stuff here, i have used used high speed air driven tools to do some
things. Used A axis such that lathe spindle could be indexed, post stock machined in conventional manor, live drill used to put holes in face and around perimiter using a drilling macro. Live tools were held via special carraige attachment thus code defines movement. Another wierd use was
slaving Z to A and thus could mill spirals around the stock for inlaying. So some basic milling and drilling could very accurately be done with the machined stock still mounted. Nothing fancy but it works thus eliminates resetup on the mill.
FWIW,
Mach 4 lathe has some advanced features envisioned for the future. When ?......in the future.
....what more can i say.
RICH