I have no experience with that lathe, but I've changed bearings on a couple of lathes, and did not find it to be very hard. My main suggestion would be to photo or somehow document the order the parts come out, that way you wont be guessing when you put it back together. Bearing pullers are really cheap at Harbor Freight,and I usually heat the bearings on a light bulb to install the new ones.
I would also discourage you from buying the bearings from JET or one of the parts replacement places. I looked at an online manual and it showed a 1 6004, and 1 6005. they were like 25-35 bucks on the e-replacementparts site, and 5-7 on a bearing supply site and that was for sealed Japanese bearings. I wouldn't go by those sizes I listed because yours might be different, always go buy the numbers and measurements on the ones you have.
Sal