Yes, we've all seen that, but: do you have actual experience with PTFE cold flowing in the low pressures of a machine way? I believe you are confusing a high-pressure cold-flowing property with conditions in a machine way.
The references I can find (such as the _Merck Index_ entry for PTFE, and ) state that PTFE cold flows under *high pressures*. An example would be highly compressed regions in gaskets. The pressures contemplated are 1000 psi or more.
Cast iron machine ways are designed with a meximum of 100 or 150 psi. For example, a Bridgeport Series 1 saddle has about 27 sq in of bearing surface, and worst-case loads would therefore be well under 100 psi, at which level cold flow is a non-issue. The reason for this pressure limit (well below the strength of the bearing itself) is to maintain oil film lubrication.
I plan to run tests to prove this by just putting test masses on top of test squares, and seeing what happens. I've already been testing the material from MSC (vs Turcite B which is hard to get and exorbitantly priced). For this I have been using cast iron angle plates, which I scrape to 0.0001" flatness, but so far I have just been proving the process of bonding with epoxy and getting a bearing-quality flatness on the PTFE surface.
The manufacturer is cagey about just what Turcite B is, but it does exactly match plain ol' PTFE's peculiarities in the published mechanical properties. So my suspicion is that it is simply PTFE at a premium price. There are no other candidate substances possible to my knowledge. It isn't like there is some secret Coke formula involved.
I also speculate that some case of what is called "cold flow" are merely ordinary plastic deformation. If you look at the low numbers of the mechanical properties for PTFE, and considering the uniquely vanishing coefficient of friction, then you can see how it would happen in many applications. But not in machine ways by my analysis.
Another difference in machine ways is that the thin layer is bonded to the relatively unyielding metal way. This eliminates any stresses from forces accumulated across a long distance.