Re: Wood Control cabinet
I would think you'd want to connect all the grounds together in the cabinet rather than all of them flowing to the PC. I'd run from the PS in the cabinet to a ground terminal and all electronic grounds would tie to that terminal as well as the PC. Spindle drive you may want to handle separately. The KBIC controls I think can fry stuff unless they are isolated.
The heat issue is not that different. Wood is better insulator but your stuff is not going to do well in a closed-up metal cabinet with no cooling either.
CNC: Making incorrect parts and breaking stuff, faster and with greater precision.