Cerberas, I like the solution you have come up with as this makes for an easier solution than remanufacturing spacers as a whole unit. Held in a lathe using a suitable nut/bolt mounting jig the original spacer can simply be turned down to receive the new oversize spacers.. A very slight clearance fit to the reduced spacer and ring may allow the ring to rotate on bias contacting a side of the rack body slot thus acting like a rudimentary bearing and slowing wear, Assuming that is, the rack is suitably well lubricated. Incidentally I mentioned the grease type to use previously It is ( 00 EP semi fluid ) and is easily available from several suppliers, try eBay! for best price.
It will be interesting to see how this solution works, I don't think there can be anything detrimental in this modification, in fact I think it is an all positive solution if for no other reason than it gives you the option to replace the sleeve spacer element in a resized unit should future wear arise too. This could in theory extend the life of the rack by three or four times that of it's previous expected service time. It would also prevent re-machining the slot as you would be manufacturing the sleeve to fit the largest wear point which shouldn't vary too greatly along it's full length and in soft alloy it could easily be hand fettled to achieve a smooth transition along that length.
Well done Cerberas, an excellent all round solution for minimum outlay and a potential to extend rack life!
