Hi B:
Thank you so much for all the information. I looked everywhere for an explanation of OBI. As soon as you said it was Open Back Inclinable I knew exactly what you meant. It was an Aha moment. No more guessing about that!
I installed a VFD and DC motor on my lathe to allow variable speed. I am pretty familiar with variable frequency drives.
I totally get the dog clutch and key clutch concept, thank you. I guess that would be a lot cheaper and easier than an electric clutch.
At this point I probably have enough information to construct a punch press from scratch. If I had more time than money. Which happens sometimes. Right now I have more money than time so I will be awaiting the right deal after the big check shows up. Shipping on the last punch press I saw was $250 which I thought was pretty reasonable compared to my driving to Florida from Seattle. I have the month of August off so I would consider a long drive to get the right press then. Any way you look at it, this will be a great adventure.
The 20 ton air over hydraulic press I bought to make a swaging press from will now be used in a dedicated lead extrusion press.
No Corbin products for the time being. I want to make my own drawing and swaging dies. It would be quicker to buy Corbin, but making the dies would be more rewarding and it really is not rocket science. The more I read the easier it seems. I may invest in an air gage however. I see pretty inexpensive ones on evilbay. I am beginning to wonder why the swage die boys charge so much.
Barry