Very early on I made a manifold to fit the bottom exposed portion of the quil and flowed coolant through it to the fittings for flood coolant to the cutter. This was a big benifit to performance and I still use it that way. The coolant flow will cool off the end of the quil keeping the spindle and bearings happy. My machine is in an enclosure I built and I have a 55 gallon drim on side on floor for my coolant. Even going to an air mist coolant would be of great help to the cutter life. Coolant is a must do !
It could be possible to make a simple collar for the quil and pump a fluid through it to keep things cool. I consistanly run my spindle at max rpm's of 6150 for long periods and it only gets warm to touch. When I cut I splash cooant everywhere within the enclosure, which is the only way to go. I've been on belt drive for a long time. In fact, I think that mine may have been the second one done in a form of belt drive. The first being Aaron's.
If I had the coin to do it, I would build a complete new box assy and a 3 rane belt drive so that I could take spindle to 9,000 in top range and in low range have max torque down in the 80/500 range. But ! No coin !
The adventure is where the interest lies !
Happy adventures !
Don
IH v-3 early model owner