Hi Everyone,
For those of you who are worried about changing the parts in a new electronically controlled headstock, don't be.
The system that controls the speed, reverse/foward is made as one unit. If something goes wrong, it is as easy to change as unplugging the unit, removing the unit, putting a new one in and plugging it back in. It is just one part to replace, though I do not know how much that part will cost. If they use the push control pad for speed control as talked about, that unit should be a single part also, and just as easy to change/replace by unplugging and then plugging in some cables.
The way this type of system works is pretty simple. The headstock is plugged into your wall outlet, that cable runs/plugs into the control unit, which has a cable that runs/plugs into the motor.
I'm sure the headstock will still have a belt/pulley system but will no longer need the mechanical speed control. This will make the mechanical side of things much easier to work on and replace worn parts. The mechanical sheaves currently used will be a thing of the past. All that will be needed is a motor pulley and spindle pulley along with a single drive belt.
Using Teknatool's DVR system probably can't work as is while keeping the Shopsmith headstock the same style and shape. A DVR is a direct drive motor that uses no pulleys or belts and is mounted directly on top of the headstcock, with the spindle being part of the actual motor shaft. If this is done on a Shopsmith headstock, the top of the headstock will be much higher/larger and might get in the way of the main table, and it will also cause the loss of the spindle's ability to move in and out of the headstock. I can see these two design differences causing some problems. Keeping a pulley/belt system in place is the only way they can go to keep the headstock its current size and shape. If so, having a belt and pulley system will keep it from becoming an actual DVR drive system.
This can be a plus though. They might include a couple different sized pulleys that will allow you to change/move the belt position for different torque ratios which is always a big help with certain working situations.
A new headstock designed like this will feature fewer moving parts, and fewer parts total, and will be less labor intensive to manufacture. I can't see it costing much more than what a new headstock built with the older design parts will cost you.
What was the Shopsmith clone called that was built by the Smithy company?

Anyway, it used an electronic system just like the one Shopsmith is talking about making now. How well it worked I do not know.
So, for those of you worried that you won't be able to pass down your Shopsmith to a family member, there is nothing to worry about. This system will still allow that to happen.
P.S. The only design problem I see right now is keeping the lower drive shaft, that runs the jointer and scroll saw, in its original place. This drive will either be a direct drive off of the motor or will be belt driven if the motor is mounted on top of the headstock like other actual DVR systems are built. If this design is not taken into account, then the jointer and scroll saw drive system will have to be re-designed and moved on the tools themselves. I'm sure the designers and engineers are taking this into account. Just wondering with what they come up with.