One drawback I can see with the one in Darrens pic is that bloody lever would be very close to the chuck when working on short lengths of parts with large top hat diameters.
Not my idea at all but fitted to my CVA which in turn was robbed from the Monarch 10 EE [ sighs of reverence here .. Aaahhhh ] is that the hand wheel dial has the stop built in.

This is the hand wheel removed and reversed, the dog on the right is part of the dial, the other two are just floating dogs.

What happens is that you position the cross slide close to the work and screw the small side screw in then wind in.
Then what happens is the outer dog catches on the screw, then the inner and then the fixed one which gives you nearly 3 complete turns before it all comes up tight.
You then use the top slide set over at 1/2 the angle to position the tool.
At the end of the thread you wind out, no need to look, go back to start of thread, either manually or under power, and then wind in all the way, then apply new cut with the top slide.
This means the operation is machine controlled and not reliant on a special tool holder.
Depending on machine build up it may be easy or hard to implement.
John S.