Well now. This is not for the feint of heart.................
What I have done here is not how you are SUPPOSED to make a gib, but I decided that I surely cannot make a worse gib than was supplied with the lathe in the first place, ergo any improvement I make must surely be an improvement, even if it is not as good as it should be.
So - I got some of the toughest superglue I could find, and I glued the new gib (rear) and the old gib (front) on my flattened steel bar.
I used the old gib as a reference to angle the bar until both gibs were presented at the right angle. Note - I only used the "good" end of the old gib, as the thinner end is not flat or true in any way shape or form.
I then installed a brand new carbide end mill, run at the highest rpm I could, and proceeded to skim off the .060" inches of extra material on the new gib. I ascertained that dimension by using a test indicator and touching off on both gibs in multiple spots. I actually measured .063" but decided to play it safe, since I have extra length on the new gib.
This worked like a charm. Now I know that gibs are supposed to be ground and then hand scraped, but I'm well happy with the achieved finish.
So I test fit it - and it was looking good. I marked it front and back, and cut off the excess using a bandsaw - but playing it safe (ie cut it long) and did some more test fits. After trimming off a little more, I set up my little tool grinding post to steady the gib and ground a notch for the front adjusting screw, and reinstalled the gib.
Here is the handwheel end - as you can see there is still room to trim a little more, but no need, this is fine.
Net result..................
It absolutely works! I now have an even drag of the cross slide over its whole range, and when I grab it and try and move it there is no change in reading on the DRO, whereas with the original gib I could move the DRO several thousands quite easily, and the cross slide always felt loose and slack (it was).
So - I don't doubt that the gib is not properly seated in normal precision lathe terms, but it's a heck of a lot better than it was. I'm very excited, and now I'm going to turn some test parts and see how it performs.