KISS being an acronym for; Keep It Simple Stupid and not meant as sarcasm from me. Applying it to Hall's hame page, he states that his approach is for projects directed towards the hobbyist, so his cast iron choice as a bearing only requires machining the cast iron to the tolerances you desire. i.e. There's no special drilling, retainers, pins, for sealed bearings, etc. That's as simple as it gets. The most you would need for lubrication if you choose to add it would be some spray or powder graphite which would add nothing for grinding dust to stick to and gum up the works.I'm not following your KISS approach. Do you have an idea to simplify the build? If so, I'm all ears (or eyes, since I would be reading it). I plan on making some other changes to the design anyways. I plan on making the collet holder for R8 collets that I already have for the end mills I use. That way I don't need to make a bunch of new collets. I did the same thing with the end mill end sharpening block I made before and that worked well.
Looks like I better rethink using steel. I would hate to go through all of this and find it doesn't work well or galling starts and then I have to make more new parts. Better to do it right the first time. Guess I'll stop by one of the machine shops in the City next time I go in and see if I can scrounge some small cast iron pieces.
Thanks for all the feedback. It sure pays to ask questions and have a support team to help out with answers.
As I've responded I keep thinking about the 50 ton punch press I tossed in the scrap bin six months ago because the frame was cracked. It was no longer any good as a press but would have done many projects such as yours. *&^%#%^&**expletives!