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I don't see why this idea will not work. Although I would be concerned that only having it hand tight, it might turn out slightly during a dive. I threaded the bottom of my canister, (because I used pvc tube instead of solid delrin) and I put two holes in the bottom for a tool to tighten it. I used the tool used to tighten/loosen wheels on a 4 1/2" electric grinder, so I matched the hole pitch to the tool. I can tighten it much tighter than with any other method.