"Scissors knurler" -- a new term to me, but I think I can see what it might look like. I'll ask the folks at the shop of there's one I can use (it's a machine shop at our University, not my own, alas.)Spike, not sure what kind of lathe you have but do yourself a favor and buy or make a scissors knurler. When you say "side-load", it implies you're planning to use a bump knurler that indeed puts a lot of load on the spindle, spindle bearings and the part. A scissors knurler will eliminate that.
I would make the part just like David S said. On a part this short given the OD of your stock, you do not need a live center unless you use that bump knurler.
Parting can be a problem on smaller lathes. One good option is the FoR Parting Tool from Eccentric Engineering if your lathe can run in reverse and doesn't have a threaded spindle. If your cross slide has T-slots then a rear mounted parting tool post would be ideal and will eliminate your parting issues/fears completely.
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