For what ever reason he did it, he should realize it has greatly decreased the value of the lathe. If you are just looking for a lathe do do small/ short non precise stuff, it could still a useful lathe. With some of the prices I have seen on Ebay for Atlas parts, depending on what he wanted for it, one might make out well selling the parts off it. Or may not take a ton of work to shorten it. Since I got the Shopfox, I have not turned anything over 1" dia, and about 3" long with my Atlas. I find it easier to do the small things on the Atlas, then with the 12" Shopfox.
Of course, it might make a good add for JB Weld.