Several people have adapted my MAD drawbar to a variety of machines with quills.
Projects2
It uses the same belleville spring washers as used on the ATC you mentioned from project 7.
Projects 7
They give about 750 lbs holding force ( NOT 1500-2000) which is well below the bearings static load rating.
They'd been used for years without trouble on the X2.
It'll provide holding force well enough for 3/8 tooling.
As seen in the videos the MAD is easy to build and gives very quick tool changes
although you have to do the work.
If you can't disengage your quill drive to do it manually, your quill drive may have the torque to do it for you.
Don't know what ballscrew/nut you're running but a cheap Roton 5/8 nut has a running load rating of 750 lbs and 6000 lbs static.
Hoss