I ended up selling my Laguna lathe. In my case, it was a "precise point" lathe, and yes, Laguna lathes seem to have numerous problems with the tailstock.
Have you tried to take your tailstock apart for cleaning? Disassembling any tailstock is actually pretty easy, and it doesn't take long. It may not even be a burr, in my experience thus far across...well, I guess I've owned four different lathes of four different brands now, its usually due to dust and grime buildup. Even if it is a burr, that should be relatively easy to file down. I would just disassemble the quill, pull everything apart, and do a cleanup job on it. I have done this with all of my lathes, and its pretty strait forward and standard maintenance after a while. All but one of my lathes tend to get enough junk in there after about a year or so, that I have had to clean them. I have a Powermatic, and so far, its never actually accumulated anything, and all I did was add a tiny bit of oil to the worm...with all the others, I usually had to clean the worm, the quill (and don't forget the slot, as well as the inside of the bore in the tailstock itseld), and all around the wheel as well. I would also clean the inside of the quill too (the morse taper.) Once you get it all clean, some household oil on the worm and outside of the quill should get you back to smooth. If there are any burrs, they should be easy enough to find and file down.
EDIT:
Oh, someone mentioned silicon? I was warned, I guess several years ago now, to NEVER use silicon in the woodshop. It apparently never goes away, and will eventually get on everything...and its not good when it gets into the fibers of your wood. If your fingers picked up any silicon from the quill while working a piece, and you then touch that piece after its been turned to your liking, the silicon could affect how any finishes go onto the wood. Ever since that warning, I've avoided any kind of silicon in my woodshop. I actually did end up getting some silicon on a blank a year or so ago, and I then as an experiment tried to put some finish on it, and lo and behold, the bit with silicon would not take the finish. Just...thought I'd toss that warning out there.