My old Wasino LG-81 CNC lathe w/ Fanuc 3T controller. It started giving me a servo alarm today. Code is #02 which says VRDY OFF, Velocity Control Unit has Turned Off.

This seems to happen when in Rapid and doing a type of peck drilling action in the Z axis. I switched the Rapid setting to 25% and am getting by but it has slowed up my cycle times considerably.

BTW, I have only been able to run the Rapid at 50% for years because of a similar alarm once in a while if I try and run at 100%. I suppose this means something is wearing out.

Any advice or insights will be much appreciated.