T,
Yes, the point splitter is a head-scratcher. You're controlling the point splitting wheel in 3-D space with something like 6 axes of adjustment. There are guidelines which I've tried to use. Sometimes they are helpful and sometimes they come out just plain wrong (ie. the splitting wheel is no where near where it should be.)
Ultimately I worked out a balance of what the manual said the settings should be and what looked (and worked) right. In Dormer's drill regrinding manual, they suggest in case of uncertainly to use a factory ground drill as comparison for regrinding setup. Please see:
http://tinyurl.com/4xdpf6e
I bought a manual for the Megapoint which is much clearer than the Optima manual, but it is by no means a panacea. I'll send it to you if you email me: dgcope [at] mac.com. Some of the details and markings of the machines are slightly different, but the principle is totally the same.
There are some real oddities on the scales on the Optima, and I have spoken to many...no one can really explain them. For example, the main point angle scale is marked off in degrees 75, 90, 116, 140...and a big gap in the scale markings where 118 is...the most oft used angle. 135 is the second most used, also not present. The primary and secondary clearance angle scale is also marked off -10,0,10,20,30,40. This scale is presumably in degrees but it can't be treated as absolute because it only reads correctly at a 180 degree point angle. Any other angle requires a "factor" for the scale to be meaningful. Rotation of the cutting arm to set point angle also changes the effective cutting angle and clearance angle.
At first, tough to wrap your head around, especially in light of crappy documentation. Time spent with the machine makes things a lot clearer. Too bad someone hasn't written a real-world user's guide that explains these oddities, ie. what is important to watch out for and what is relatively meaningless (ie. most of the adjustments on the point splitter). Hmmm, days of work to do it only to give it away...now I know why.
I've enjoyed figuring it out. It's a stunningly well-made machine and everyone who visits the shop is instantly attracted to it. "What the...what is that thing?" You've got to love the way the Swiss do things...the precision grinding, optical threads and the part fitments are just ridiculously good. Taking it apart reminded me of disassembling a microscope. Precision that is arguably unnecessary, but they don't seem to care. Obviously part of the reason they cost a mint!
Kind Regards,
Don