I like that idea. The steel rod just arrived in the mail, and I managed to cut about 1.25 inches before my Dremel got very hot. The steel cable is supposed to arrive later today. Once I have the cable I'll see if I need to cut any more or not.
(this is a 0.25 in x 36 inch rod if anyone is following along). I'll probably also grind some flat-spots along the top edge, to give the drill better grip.
I doubt anyone should need a rod any thicker, unless you go with another material like aluminum. or a wooden dowel. A longer rod would also be fine, I just wanted this to be a little easier to store.
View attachment 801570
edit: I ground the other end into a "hex" (6-sided) shape. It doesn't have to be "perfect" just good enough for the drill to grip onto.
View attachment 801590