MMMmmm, lathe. 6-32 is what I was thinking, but had 4-40 on the brain. I do prefer metrics for this stuff, much simpler. So the rods aren't threaded all the way with sleeves? Very nice indeed. Do they screw into the switch plate? That would be quite an elegant solution and keep it all from shifting in a side to side rotating motion. Have you got a safety mechanism for the switch? It seems fairly easy to do, although I haven't found a need, but with yours it looks tricky to carry in a pocket
A 14500 is 14mm x 52mm, or 2mm longer than a standard AA battery. It would be a shame to take valves off a working instrument, but from used parts that have been replaced... I wonder how many people run over trumpets backing out of the driveway in a SUV.
Can't wait for more pics, I could drool over them all day long.