Thanks a lot for that info Evan!
Strange, when I asked them for an electric fan (EL part of the number) version for the 3.5kW MT1073-140, they offered a slightly shorter armature MT1073-120 instead, which was way down on power. I didn't think they had the 140mm/EL combo like you have, and I see that is already 20% down on power compared to my MT1073-140 with co-ax fan. Are electric fans less efficient and compels them to reduce power, or is the fact that you have 220V while my one is 380V.....? It's a mystery....
The actual spindles are all 3-phase, your guess on the VFD converting 1ph to 3ph is correct.
Where did you connect the thermistor wires to?