Balance shaft is a bit misleading as a part name for this reg. Since the design is downstream, the "balance" items really just serve to add light second spring tension to the back of the poppet.
The oring just serves as a seal to keep the reg from breathing wet. There is no Intermediate Pressure in this balance mechanism.
To test your repair, just do a negative pressure test with the hose inlet blocked by sucking on the mouthpiece. If you can hear/feel a little leak around the knob mechanism, then try springing for a new balance shaft. If not, you're good to go. If the leak is very tiny, it may not even be worth the effort, since the pressure differential during breathing will be only a couple of inches water column. If the reg breathes dry, you're fine.
When you reassemble for the test, just barely lube the oring for the shaft. Otherwise you can hide the potential leak for awhile.
And as an alternative "repair", you can gob up the balance area with lots of extra thick silicone lube. That'll keep you going for a long time.
The oring just serves as a seal to keep the reg from breathing wet. There is no Intermediate Pressure in this balance mechanism.
To test your repair, just do a negative pressure test with the hose inlet blocked by sucking on the mouthpiece. If you can hear/feel a little leak around the knob mechanism, then try springing for a new balance shaft. If not, you're good to go. If the leak is very tiny, it may not even be worth the effort, since the pressure differential during breathing will be only a couple of inches water column. If the reg breathes dry, you're fine.
When you reassemble for the test, just barely lube the oring for the shaft. Otherwise you can hide the potential leak for awhile.
And as an alternative "repair", you can gob up the balance area with lots of extra thick silicone lube. That'll keep you going for a long time.