The planet Mandrel I have has a grub screw, and the shaft is replaceable, The one I have on the new Axi lathe is just a shaft, and can be altered in length by just reducing the amount protruding from the collet, much as the planet version can be reduced by undoing the grub screw and pushing the shaft towards the headstock.
I bought a new shaft for the planet mandrel when I turned an off round pen, but on inspection the original shaft was not bent in any way.
It was in fact the contact between the end of the mandrel and the point of the revolving centre that was the problem. They had become worn over time, allowing the shaft to wobble slightly.
The original shaft is still usable with a mandrel saver, which could also be called a centre saver in my opinion.