Thanks, Ryan. We ended up going with the Nikken that Yamazen recommended...CNCZ204 if I remember correctly. I cannot say I did a ton of investigation into alternatives but rather relied mostly on what my Yamazen guy said because I’d had good experiences with them so far. It’s bolted to a trunnion and used almost exclusively on parts that require a simple 90 degree index to cross drill a hole.
The S700 + Nikken setup had been working great and we needed to increase capacity for the parts make in it so we went to duplicate the setup with a floor-model S700 (this time with dual contact spindle and, more importantly, high torque + CTS!) and another Nikken. The install got pretty well botched (first they told me the CNCZ204 wasn’t available so they ordered something else that took forever to get in and when it showed up it was a very different model...so they offered a different alternative that would be a more-direct replacement for the 204 but then it turns out the 204 WAS available all along, etc so the S700 sat there for weeks waiting for a rotary that, apparently, was in stock.) It seems like all is good now, though. Two machines running good, both with the Nikken CNCZ204.
Oh yeah, on the newer machine we ordered an auxiliary brake that is activated by the Nikken to clamp on the other end of the trunnion so it (the trunnion) is locked in place by both the brake in the Nikken and the secondary hydraulic brake on the other end of the trunnion. I sleep just a little better with that second brake on it because I can push drills harder with the high torque CTS machine and I was worried about the trunnion tipping.