The round column problem is when you move the column it tends to turn a little even if yo wish to just move it straight up or down. When CNC this causes a problem because now the CMC software doesnt know exactly where the bit is ( because it may have turned a little onthe round column from moving Z ).
The quick way around this is to CNC the quil for the Z axis and try not to move the head on the round column within a job. The problem with a quill being CNC is they are not as ridgid and will always have a little play/slack in it.
Now much depends on what type jobs you wish to do, but we are talking thousands mostly when we say the quill will have play. Many jobs this doesnt hurt but when it comes to CNC we always want to be as good as possible, simply because it just should be.
Many people have run these machines on CNC with good results. But they do have to work around this round column problem and they dont have the rigidity that a square column mill would have.
So I say go for it, and make the best of it. There are things you can do to help the quill, and learning to not let the round column problem get in your way can be done, all though it will limit you in some ways. AT the worst when you move the head on the column you owuld have to re zero the machine ( or atleast Z axis) so the CNC controller knows where its at.
Now on another hand though, you will have some veratility that a square column mill would not have. Mostly this part comes in handy for wood workers but still it can come in handy to be able to turn the head on the column.
The quill, all though it would take some work and modifying, can be made to have no slack. Heck all though I have never seen anyone do this a power lock for the quill could be designed and help the problem out. Either way its not a deal killer and your machine will be usable, but it would have been better to have bought a square column unit.
Look for RF-31 machine CNC converstions and you will learn more & understand more about the mills design and how it effects CNC. You will be fine, but with a little extra work, or even head acks you might say, when using the machine. FYI, a square column mills quill are no better, they just have the dovetail column to used instead of the quill. Most people even lock the quill down when they CNC them ( to get rid of the slack).
Jess
GOD Bless, and prayers for all.