Make sure to checkout Platinum Tooling and the U-tec flexible tool adapter system featured in Shop Metalworking Technology.
U-tec a patented flexible tool adapter system from tool maker Heimatec, allows a standard ER output live tool to accept various adapters for different applications.
This makes for quick tool changeover on almost any lathe, using a single live tool, without having to commit to a quick-change system when you buy the machine.