Electrathon, so if bearing cost is no longer and issue, and mass production costs are not either, wouldn't you rather build something to be the ultimate expression of your abilities? I operate my leather business with that philosophy and as a consumer, I look for that quality in the tools I buy. Cutting corners to save cost is what's wrong with society today and that mind set has permeated our culture. Wal-Mart mentality, I think it's called. I agree that a bushing of some kind would probably save a bit of money but I'm not sure I agree with your assumption that the box would only be opened 10K times ever. I'd probably exceed that just playing with a a well made item, before I ever put tools in it If costs are exorbitant or something is being mass produced and the cheaper item doesn't affect perceived quality or performance, then go for it, but why beat Shtoink down for building it his way?
He made me a swivel knife using the same mind set as this box, and it is an amazing piece. I have quite a few knives from different makers and his is the smoothest by far. That translates into easy to use and is therefore one of my favorites. Post up you swivel knife once it's done. I'd like to see your interpretation.