Most points have been covered, I would just like to add a bit to what is already said.
If you are concerned about retro-fitting, you need virtually the same knowledge and ability to convert a manual machine.
As has been said, the mechanics, ballscrews etc are already on.
The thing to bone up on is how to tell if the mechanics are still in good shape, look at way wear, and take a dial gauge if possible and do a simple backlash test, in most cases this can often be done without power.
The machine will have disconnects, contactors and power supplies and enclosure that generally can be reused
There used to be an excellent site on a quick course on assessing a used machine, but it seems to have disappeared, If I find it I will post it here.
Another thing is what power do you have and what do you need, most larger mills like bed mills will run under a RPC (rotary phase convertor off 240 1 phase) to obtain the 3 phase.
I would not consider retrofitting a knee mill and CNC'ing the knee, not if you want fairly good production rates or are considering peck drilling.
If looking at knee mills, the XLO Exello Ram Mill is considered by most, more rigid than the BP. There are a few out there that were converted to production, they have a Z quill and often power knee for rapid initial knee positioning.
Al.
CNC, Mechatronics Integration and Custom Machine Design
“Logic will get you from A to B. Imagination will take you everywhere.”
Albert E.