Would I need to wire through the panel or could I do a temp wiring of the motor somehow?
I did run my drive while it was out of the machine. Thermite’s idea for checking for vibration is a good one. I did find vibration in my variable drive pulleys. A couple of them were slightly warped and required re-machining and rebalancing.
Another thing to check is your two drive clutches and their engagement. Are they adjusted right? Also check the carrier bearing on the end of the motor where it adjusts the pulley. On mine, when I ran it in this test, it would get pretty warm, and I had to replace it.
Another one to check is the brake - its clearances, its effectiveness, and is it quiet with no chatter.
The last one would be the limit switches. I have the single belt, 5hp drive in my machine so I don’t know how this differs from your two belt, 3hp drive. My limit switches were next to the little bodine motor inside the housing. They run on a gear and screw system, a little like a garage door. What’s important to check is that the drive can achieve minimum and maximum RPM. If you cannot achieve these, then you will have a hole in the RPM range between back gear and direct drive.
The way I hooked mine up was to pull the electrical box off the end (there are just a bunch of screws around the edge.) I pulled it and the conduit out as they needed to be cleaned and degreased anyway. Next, I pulled the controls by the headstock out of the casting and unwired them leaving them attached to the mounting plate. I put all this on a cart and rolled it over to the drive. Then I hooked it all back up being careful that the headstock controls were on an insulated surface. This allows you to run the drive and check all the electrical components. Anything you can do while it is out of the machine is much easier to do than when it is in the machine.