Well, used it in the pool for a bit. I enjoyed it, but I agree with Buddhasummer (I think he said it) about the narrow exhaust T putting the bubbles more in my face than I would like... But I'm also used to old Conshelf wide T's. As you suspected, the knob I made cam-levered itself out while in use (and now is somewhere in my pool). I have a new variation of the pin that is going back with it for you to test. However, based on the very little I used it, I think it may be unnecessary or only really useful as a fine tuning tool for in water right after service, then replace with the sticker once tuned to suit.
Just my observations.... I will also gladly continue working the pin for optimum results, if the interest is still there.
Boxing it up shortly, now that it's thoroughly dried, and taking to the post office this afternoon.
Respectfully,
James