oohh, didn't think about the valve cover clearance. I'll have to check that out. Thanks for the heads up.
As far as the shaved down nut, it actually sits up against the back of the rocker on the inside too. I drilled the hole only big enought for the threaded rod to go through but not the insert. And the rod is heat treated(dunno if that makes too much of a difference?) Whenever people hear "J.B weld" the project is considered ghetto. hehe, but its okay cause I'm the king of ghetto projects. But anyways, the tensile strength of the shaved nut with J.B weld should be alright seeing how its backed my the rocker and force is pushed up in that direction.
yours sounds way high tech though, makes mine sound like a flinstones model

. That would be cool if to make if I had the funds for it. But I was just bored one day and had the motor out, waiting for the rest of my datsun 510 to be finished so I took one off and played around with it.
Thanks for the heads up on the valve cover clearances deviousKA, Like you said, if it works it works, but if it doesn't... then I guess i'll have to put more thought into it.