I had the Emcomat 7 for several years and would class them as being one of the better small machines , very accurate and capable of quite heavy work.
These are a desirable machine possibly better than a Myford ML 7 and not often seen for sale.
The main drawbacks that I found are ;
the very small hand wheel and travel on the top-slide.
The gear change levers are die cast and prone to break , I replaced mine with brass levers.
The switch gear is robust but the contacts eventually burn out , spares are not available so a re-build using contactors will be necessary.
This was the only reason I disposed of mine , but now I use 3 phase motors with inverter drive I wish I had kept it.
The tumbler drive to the change wheel train has 2 nylon gears designed to act like a shear-pin in 20 years I destroyed 4 , they are still available through a UK supplier but are pricey.
The change wheel quadrant is cast iron but quite flimsy, mine broke opposite the tightening screw and needed sifbronzing.
Mine was less the milling head so I can't comment on that.
The lead screw is a fine thread so check for wear , and also the tool post bolt is very thin and can easily be stretched or the threads stripped , a new one is easy but make one before breaking the old one or you may not have a lathe !
I made the replacement square thread lead screws and nuts for my BCA jig borer on my Emcomat 7 and these are as accurate as the originals.
PS.
I think I have some toothed drive belts in stock!