There are many common jobs where a horizontal excels, I'll leave those to others or to your research, easy to find.
Try thinking of your horizontal as a vertical laying down but the chips fall away from the workpiece.
Imagine trying to do the job Brett is doing in the photo above, on your vertical. Does what he's doing look awkward to you? Some of the guys who think so haven't tried it but to me, trying to do Bretts job on a light, (by comparison) vertical would be the hard way.
Edge drilling a flat piece. Clamp on table and power drill with the Y axis, dial in the next hole and repeat. Depth limited by the combination of drill length and Y travel but that is much deeper than my vertical mills or drill presses quill depth. Some of the part may be cantilevered well off the table, as long as sufficient is left for solid clamping.
I have an NMTB 50 to #4 MT tool holder with the wedge hole exposed, (and a shorter one with the wedge hole in the 50 taper), adapters down to #1 MT and a a good selection of MT drills standing vertical in a closed, rolling cart, 1/4" to 2-1/2". Quick change out, even a Jacobs chuck for things like center drills.
Large swing boring bar for big stuff.
Any large piece that you might turn as chuck or face plate work, short, not requiring a tail stock, like an auto bell housing, railroad wheel(!), large flat piece that requires several precisely located and bored holes using toolmakers buttons, like locating shaft bearing holes for mating gears, so that the pitch diameter mesh is perfect.
My largest lathe will swing a 17-1/2" part, my K&T 2H will swing a 40" diameter part. While shopping for a "30 or so inch" face plate for it, I got a great deal on a little 26", haven't needed bigger yet. These should be located with a 50 taper plug, (matches hole in faceplate) without driving flange, bolted to the spindle, (my K&T has a 4" bolt circle, 5/8-11), and driven by the spindle lugs in slots milled in the back of the face plate.
To complete your "T-lathe", you can just clamp a tool holder to the table and turn at the bottom but that limits your options.
Build a sturdy tool post with heavy bolt down base for the table, tall enough to reach the center of your spindle when the table is low, allowing a longer part to swing partially over the table when useful. Mount a lathe compound on it and turn tapers inside or out, grooving, some ratios for threading even, especially if you are making both mating parts. Other than tapers, the X & Y axes provide good power feed selection for facing and turning. My 2H is a universal, can power feed tapers to 48° with the X.
Basically anything that can be done on a lathe as face plate work but bigger and easier, because you are standing right in front, best "seat" in the house. Tip: bore the plug to accept various diameter pin projections to be turned as needed, (larger or smaller than the pin/bore diameter), threads at the bottom can be useful. Sometimes it's nice to prepare the part with a centering hole or use an existing one, to make quick yet precise mounting easy and transfers between other machines accurate. Back to that train wheel, turn the centering projection to match the axle diameter.
Line boring by clamping the part to the table and supporting the boring bar in a tool holder, (say 2"), the other end in the arbor support by turning the outboard end to accept a standard arbor bearing sleeve. Thread and mill a keyway in the end of the bar to secure the bearing sleeve.
Edit: like John so well illustrates in the post he made while I was composing an epic....
Trepan large diameter discs and rings from plate stock and open or closed end cylinders from weldments.
Set up a rotary table and mill cooling fins around a large diameter at great metal removal rates, and a bunch of other things......
Consider yourself lucky. Lots of guys never discover, (or accept) these truths and try to adapt what is essentially a pocket cutting tool, to do real milling jobs. And really, it's kind of a toss up on tiny stuff but if you need to remove much metal, on big parts, accurately with minimum vibration and tool marks, if you have a little room for a very versatile machine, limited only by your imagination, for
far less investment per pound of metal removed and time spent.....
Keep that light vertical though, to mill the worm paths in an automatic transmision valve body, drill small holes if you don't have a drill press... or?...
Like Greg said above, do a search and later, report back with your personal discoveries.
Bob