For most modern Jet lathes, this custom fitting is not worth it. You could easily exceed the cost of a better lathe. And you would still have a Jet. Sorry to be negative, but we had two Jet metal lathes at TechShop, and they were pretty sad. They, and the sad Jet mills, helped contribute to the demise of the place because they created a toxic relationship between the staff and the members due to the downtime caused by serious issues. Your experience sounds very familiar.
I would start looking for another lathe, almost anything else, even a Chinese mini-lathe. And, knowing that the saddle is already bad, I would be tempted to make a hack repair. Do you have a welder, by any chance? I would try to do a cold weld method repair. See if the crack can self align by clamping it together. If there is any hope, put a couple of tacks in strategic locations along the crack. See if the cross slide now moves freely. Grind the tacks flush if necessary. Do not run the lathe or put any undue stress on anything, but you can check with an indicator. If everything lines up and moves freely, cover up the ways carefully and vee out the crack with a die grinder, or if you are gutsy, an angle grinder. A die grinder run slow with carbide burrs is preferable since it doesn't make a mess. Cut out short lengths of the crack and weld in short lengths. Do not weld if the metal is hot from the last length. This will take days, if done correctly. Eventually, you will get to your initial tacks. Grind these out (they aren't needed and they cover part of the crack) and weld through. Of course, check all the way as you are doing this to make sure things move freely. I don't know if this will work or not, but I have welded a lot of cast iron, and the cold method works. The only thing I'm not sure of is whether the distortion will pull things out of alignment. Obviously, you can stop mid-way and just pin it. This is one of those things that has to be done slowly.
I would rather have an old American lathe, even a clapped out basket case. If you were closer, I have a couple of spares.