I'll post this as I'm fairly sure the author is a poster here. And it came from a simple search anyway.
Metric Threading on the Lathe
conradhoffman.com
Note the 'error', or lack thereof, with some reasonable size gears.
Also consider what sort of tolerance the receiver might have after machining, heat treating, and whatever abuse it's encountered in it's life.
I don't think my Graziano cuts 'perfect' metric threads. And I don't really care. As noted in the article, I'm not making gauges, just short threads that will distort to bear 'good enough' when torqued up.
I don't remember, and don't have the manual here, but I think it reverses the drive path thru the gearbox with another set of gears. Slow to fast, coarse to fine, is backwards, and I think the direction, RH/LH, is reversed as well.
No way there's a 127 in there anywhere, maybe the 47/37 combo.
Have to stop and reverse. Big deal, I do that anyway. It's got a threading brake, turn off the spindle it stops, now. Right up to a shoulder, no problem. A typical barrel thread length is faster to reverse than picking it up on the dial anyway.
No extra change gears, so I'm limited to a range that includes just about anything that might be considered 'normal'. Bummer ;-) It would do module threads as well with the extra gears, but considering I don't have a clue what a module thread is ...
I can't do .5mm ... so my first sight tunnels were done on a clapped out EE, using the data on a heavily yellowed piece of paper taped to it. Same basic process, stop and reverse. Later batch went in the Fadal, much easier. So will the next.