You might be better off to look into having the quill built up with hard chrome (not decorative chrome). Epoxy materials don't work very well in extremely thin applications, and they can also cause abrasion where you do not want it. You'd need to make a trial plug (about 4" long) out of something (like a piece of tubing or shafting) and hand fit it to the quill housing to see how much larger you could actually go. The chrome shop needs to know exactly what the max diameter dimension is going to be. You cannot polish hard chrome down without a whole lot of trouble, although maybe a diamond impregnated emery cloth exists by now?
First you get good, then you get fast. Then grouchiness sets in.
(Note: The opinions expressed in this post are my own and are not necessarily those of CNCzone and its management)