Myfords have a nice design, and the Continent is awash in them. I haven't seen one in person, but so popular I had to look into them. Lathes + Machine Tool Archive
Lathes shed chips worse than my dogs fur, and he'd not appreciate a tray hanging from him...But your back splash has elements of a winner, including removable.
I found great displeasure in running a Chinese import a few months. I know a ton of readers have them, they do fill a need, and it wasn't bad in the accuracy department, but the ergonomics blow giant you-know-what.
And the single worst features were such poor adaptations to run flood coolant. Of ALL those, biggest irritation; front of carriage virtually plumb over front of lower splash tray. We built food-handling machines, lots [90%] of stainless steel, so not much choice.
First day, told them clock me out while I make a splash deflector or I quit with demand of full 8 hours wage. They did neither, just said remedy it, still took most of remaining hours.
Now, focusing on the front: imagine an auto rear deck spoiler, with 3 obtuse "L's", angled to match lathe tray and my deflector. Hemmed upper edge inboard, bent that portion to be not quite vertical in mounted position. The "L's" held it with gravity, easily removed to clean chip tray.
Many other issues got attention too, but finally did not have more coolant on floor or me than the parts.
But if anyone cares for a laundry list...you'd think for $17,000 would have decent operator considerations.

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