Don't use a bolt in a T-Nut without confirming that the bolt isn't too long. And to repeat what was written back up the thread, don't let the stud run through the nut.
Unfortunately, some square head bolts that I've seen in recent years have washer faces. Meaning that the corners of the square aren't actually in contact with the bottom of the slot. The same note is on Page 8 (printed page #) of MMB-5. But for once, I would not do it. Buy proper T-nuts and thin them down to 7/32" instead. And if necessary, grind the sides a little so that they will be a slip fit in the slot. You only need to make a few of them, and they should last forever.