Boz
Almost. Jeff Smith came over last weekend and built me a prototype static phase converter to get the 5hp 3 phase motor running on household single phase. After a few trials we had it humming along. The parts (capacitors, potential relay) are on order. If they get in today we may work on it this weekend and finalize the converter design. Balancing the voltages takes a bit or trial and error. Once that is nailed down I'll install everything in a metal box and wire it into the shaper starter and drum reversing switch.
So I guess to answer your question, no it's not up and running in the sense I can make cuts with it, but getting close.
Thanks for asking. I'll post some pics when it's all done.