Yes, as I have one quite similar. Didn`t take much at all.
Making a taperbar for your lathe is quite easy and cheap.
The one other thing you need is some sort of collet or rear chuck to hold long workpieces.
You make it sound like a huge endeavour, but it`s not. And you are rewarded with a lathe, with a precision and much broader range of use, than the dedicated cue lathes. And yes i own both, so I know what I`m talking abouth. And yes I Agree that the 13" x 40" is even better suited for the job.
The factory chuck, once cleaned and tuned up is more than capable to do the work. The TIR is about .005" wich is plenty accurate for what it`s going to be used for.
I have a BXA router mount, makes taking the router on or off a 1 minute job.