Sounds like you're doing fine.
A word of advice,...ignore all the internet drivel from experts who can't even turn a lathe on let alone run one. Everyone's an expert on the 'net.
Don't worry about it being perfectly level, there are bigger issues with lathes than being level. If it's within a few thou from end to end you'll never see an issue.
Threading isn't hard after someone walks you thru it. Don't think you have to thread with a very slow spindle speed. Sometimes more speed is better.
It's all hand/eye coordination. If you can drive a stick shift, play a musical instrument, shoot a bow or walk and chew gum you're halfway there. It's not rocket science.
Any questions send me a PM, I've run a lathe a couple times....and I do go thru Rocky MH once in a while.
After reading thru some of the posts you might do well to listen to wood800,...he sounds like my kind of machinist...

.....take his advice and don't listen to the "armchair machinists"...
there's very little that will go wrong with one of these small lathes if it's looked after. Don't worry about Modern Tool and service, I've known Brian and Jesse over there for a while. They are a 5 min drive from me.
....and don't waste your money on high speed steel tools.....