Treven, you'll do well to listen to Forrest on this one.....I've seen that exact situation first-hand.
Some years ago, we knew a local gentleman who was a small-shop owner, and did truly excellent turning work on his 'Dual-Drive' LeBlond, which, after many many hours, developed some wear in the ways.
As good as he was at operating a lathe, tho, he hadn't been around machine rebuild work, and so didn't really understand that machine fitting was not like, say, automotive repair work, where one could be a 'parts changer'
He sent back to LeBlond, and bought new steel way strips for his lathe at a staggering cost figure, and fitted them to the bed, after which he just couldn't understand why the machine was farther out than with the original worn ways...
He lost a good bit of time fooling with the machine, then re-fitted the original steel ways, and sold the lathe....and, presumably, the machine's new owner had the option of fitting the new way strips, having them ground in place, and fitting the saddle to the ways.
Now, in this instance, that particular lathe had been used carefully, and was in generally quite nice condition, with the 'normal' wear which is to be expected over a great many hours of operation.
It would have been, probably, reasonably cost-effective to have sent the machine out for proper rebuilding. As circumstances were, tho, he had no real choice other than to replace the machine, as he couldn't afford to be without that capability even briefly, given his work-load.
(I will say this...Monarch owners may not think the LeBlond Dual Drive to be all that much of a lathe, as lathes go....but I was quite impressed with the productivity of that lathe, with a really good operator)
cheers
Carla