Dave
This is a very good idea because when turning a large project, with the head stock off centre, it is difficult to gain access to the lathe control box.
It is necessary to replace the cable between the lathe motor and control box with a longer cable. It is possible to remove the on and off buttons and the potentiometer, with the original cables and remount them in small plastic box, with a couple of magnets glued to the base. Then all you have to do is connect a six core cable between the new plastic box and the old control box. If you look at the new RP lathes you will see a similar arrangement. It would be great if RP could provide a modification kit.
Anyway another advantage of this is that you can now add a small wheel to the left of the head stock, as per the CL3 lathe.