5MT to 5C adapter???

I just ordered from Grizzly today. Yes PN: P4026001 is $42 plus shipping. They also have a $20 off over a $100 order coupon for the holidays. The coupon code is 2011BUY10 and I had a few other items to get as well. I'm hoping the runout is decent. If I have to I'll regrind the 5C tapper but I hope I can use it as is. I'm getting some DOM tubing for the draw tube that I can just bore and then cut the threads for the 5C collets. The Handle I'm probably going to use some 5-6" round aluminum bar with a steel sleeve that I'll put a keyway in to attach to the draw tube. At first I'm just going to use the inside collar of the handle as a bearing surface. I'll probably grind it and use way oil on it to see how I like it. I'll have a recess in the spindle sleeve for a thrust bearing if I feel I need to install one in the future but I'm thinking it will work fine without one.
 
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