Hi Randy and All, I have an old Powermatic 90 as well. The 220 motor just burned out. I pulled it out and it was a GE 5kc47sg1547x, but it seems to be so old you can't cross reference it. I'm learning that the keys to getting a replacement are to make sure you have the 56 frame (allows you to fit the bolts on the back of the main casting), the cradle base (the cradle base clamps onto the ends of the motor housing with clamp screws that allow you to rotate the motor in the mount so you can align it without the capacitor getting stuck on the main lathe casting or the lathe stand, as compared to the base just being welded onto the cylinder part of the motor), a 5/8 shaft (so the reese drive pulley still fits), and you want the wire leads to go directly into the motor, and not into a big clunky side-mounted junction box, which takes up too much space to fit in the main casting. I believe both the Marathon 5kc49pn0164x and Dayton 6k321k fit. I found a used USA Dayton on Ebay for $75 plus $27 shipping, so I'm crossing my fingers

At Grainger, the USA Marathon is about $270 and the Dayton (made in Mexico, if that matters to you) is about $212.
I do not think you can fit a capacitor and a clunky side mount junction box in the main lathe casting.
I don't think you need to do any modification for these two motors (move capacitor, etc.), just run the leadwires in a flexible conduit and a right angle connector into the motor, and the other end to your magnetic switch, set the motor up so when you look at the end of the lathe with the motor shaft facing out toward you, base to the left at 9:00, the capacitor should be about 4:00 (that's how this GE was set up) Then slide it into the lathe casting. It's wicked tight, and there's not too much room to pass the four bolts through the back and get nuts on. I took the headstock off to get more access. When I work on things like this, I wish I had more hands....one day Octopi will rule the world.
Hope this helps!