You can certainly elevate them. At some point, the motors cannot hold the mass in position. Presumably, you want to elevate to put bigger pieces of stock in. It depends on how much you want to elevate, the diameter and length of the stock will drive the mass.
I cut off the center line on mine, so I needed more holding power. The other benefit of using an actual lathe is then you have an actual lathe. Both drive systems are in place on my indexer/lathe.
Jim
96 x 60 PRSalpha, 5HP Colombo spindle, Custom indexer, Custom vacuum table, Custom Fire Extinguishing System