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I only use the slower of the two spindle speeds, tried fast once in 6 years. The gear train setup supplied should be the slowest feed rates I use "C" for cutting along the lathe axis and "A" for facing across the axis. These will be very tame and not scare you but will leave a good finish.
As Jo says the DRO are not a must have and one is not top of the list of things to buy for the workshop as I seem to manage OK without. Give yourself a few months to get used to the new machine before rushing out and spending.