@PeterT : rpm change - nope. I just use the VFD for the 3 phase change. The speed is through the gear head. If I was to change motors to a more VFD friendly motor I might use the speed control. I have not had much issue using the features of the lathe as built - speeds /feeds depth of cut.
I found the motors run hot when you change the frequency- this is also a factor with the voltage out of the VFD. Typically way higher than 220. Somewhere around 265 …. On this I will digress as there is more to explore and the voltage out may be adjustable???