I have had my NM-135 for a couple months now and since day one the spindle bearings have been way louder than I thought they should have been. Harry at Novakon told me that they would break in but they have not gotten any quieter. One thing I did was loosen the spindle belt because it was ridiculously tight from the factory. This helped some but the bearings still "growl" when taking any decent sized cut.
This video is a 0.050" deep pass in 6061 with a 1/2" 4 flute carbide mill at 6000 RPM and 10 ipm with coolant. The noise gets worse at any faster speeds or deeper cuts.
http://dl.dropbox.com/u/5085/Loud_Mill.wmv
Is anyone else experiencing spindle noise like this? Ideas?