I do not do a lot of deeper hollowing, but every now and then. . . Always wanted one, but my usage is so low it does not justify the cost. I think they are priced fairly after building this one, took me about 8 hours total. But! The price of materials was really low. All told, I have $30 in this thing. We have a great scrap yard here. All sorts of bits, chunks, cutoffs that they let you sort thru and then they charge by the pound. In my case, all the material was $13. The hardware was more expensive, $17. But that was because I purchased at Fastenal which is also close by. Some items have minimum quantities so I have a few extra nuts, bolts, etc. Anyhow, here it is:
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There was nothing tricky about building this thing. If anyone wants to build one I would make a few recommendations. First, the parallel links are best drilled taped together. That way the holes are aligned. Make sure your drill press is tuned up for a perpendicular cut. On this one I used aluminum tubing for the base post and the "upper arm" (that is the first arm connected to the base post) Both of them are infilled with hard maple with a very tight press fit. The base plate is 1/2 aluminum. The "secret" to making one of these are shoulder screws (bolts). On this one, they are .5 diameter X 2.5 long. Then I used a lock nut on the 3/8-16 threads so I could adjust the amount of movement.
Now, the good part! It works and it works really, really well. I use a Sorby Sovereign tool bar with interchangeable heads. I purposely caused a catch by really putting the pressure on. It moved the part a bit in the chuck but that was it, no flying tool handle, no big deal. What a person needs to understand about these things is that they have maybe two purposes. Absorb the shock of a catch and keep the tool horizontal. That is it. For a low use one like this there is no need for bearings or precision machining.