So I looked everywhere but couldn't find a translucent bat-top (ok, I did find a clear Sanwa bat-top, but I wanted a red and blue set). I could find solid red, blue, black, white, and every color of aluminum, and even some trippy marbled and wooden ones, but none in translucent red and blue. (
http://arcadeshock.com/products/sanwa-denshi-lb-30n-cw-clear-bat-top,
http://www.creativecircuits.net/new-lighted-custom-tops---bruce-lee-bat-top.html , and
http://www.paradisearcadeshop.com/591-bat-tops)
So I looked into making them, and found one guy that did make a set of semi-translucent opaque white ones. He had used a drill press (of which I did not have at the time) but I figured I could do the same thing without one. I tried a bunch of different ways, but in the end a drill press was the easiest way, so I borrowed one from a friend. (
http://forums.shoryuken.com/discussion/comment/3138504/#Comment_3138504)
So I started with a coke bottle (something narrow to save on the amount of mold material needed.

I attached the only bat-top handle I had to a shaft with a washer in-between (to make a better defined lip on the mold)

Cut the top off far enough down to allow for the bat-top to be removed through the top opening.

Made a note of where I needed to make the lower cut (low enough to have about three quarters of an inch worth of mold below the bottom of the bat-top)

Added 3 small screws to use as guides for my mold later.

I then hot-glued the coke bottle to my board with the three screws inside. (note: hot glue is hot and curls the coke bottle, this is annoying but doesn't impact it too badly)

FYI: The drill in the press is never turned on, or used in any way. It is just to hold the shaft.
Test fit the handle assembly into the drill chuck, and aligned (and screwed) my board so that it was properly centered under it.

Adjusted the press so that all the way down is right where I wanted it

This is called quick-release.

If you don't use it, things will stick, and you will end up with molds like this.

This is a bisected mold I made in a Monster can, it didn't work out (no drillpress at the time), but it is still useful for making a “test example” with any spare material you may have left over. So I can test the color, stickiness, and whatnot with out harming or prematurely messing with the real one.

These are the nuts that will be embedded in the new bat-top.

Notice how I have used a Dremel to give them some more biting surfaces.

What the final assembly will look like before embedding.

The final assembly being test fit in the press.

Lowered to check the height.

Making sure it's still centered.

If your press isn't mounted down, you should mark its location so that you can recreate the same variables later when it comes time to pour the epoxy (same level for the mold = same level for the cast).

Apply the quick-release to both the coke bottle mold and the bat-top-washer-shaft assembly, and brush it everywhere, then spray it all over them once again (let the pieces sit for at least 5 minutes prior to use)
Now reattach the original bat-top-washer-shaft assembly into the chuck and lower it into the empty mold.

Here is the stuff I used to make the mold, OOMOO 25. It says it sets up in 75 minutes, but I found that 5 hours is a safer bet. (remember to keep it inside and warm prior to use)

You pour equal amounts into their own cups, and then mix each separately until they are good and mixed (and more viscous), then mix them into a new cup together, then mix that until the color is uniform.
Now pour that mix into your hot-glue mounted, perfectly centered coke bottle half (you should pour it around the already lowered handle, lowering it after might work, but you're on your own)
Don't worry about a mess, it will just peel off most everything once set if you just leave it alone.

I fill it up to washer.

Now wait 5 hours (or 75 minutes if you're feeling lucky)
After 5 hours loosen the chuck from around the shaft.
Then raise the press up and out of the way (but don't mess with anything else, you need the press to be the EXACT same later when you make the cast.

Now remove the mold from the board (this was easier said than done with the hot-glue I used).

Carefully remove the flimsy coke husk.

Now you can see what the screws were for, they will act as guides to let you position the new mold EXACTLY where it goes back on your board. I even routed out a dent to give it more absoluteness.
The key thing is that where the mold was when you made it is the same as when you cast the new shaft (or else the shaft will be off-center or at an angle)

Just adding some quick external marks to make finding the screw guides easier later.

Carefully unscrew the shaft and trim off any excess mold material.

Vola, all trimmed up.

The entombed original handle.

Reattaching the shaft to make it easier to remove (I also use a bit a water).

After a bit of fuss it will come out (unless you didn't use enough quick-release).

Negative left in the mold.

Place the mold back on the board (using the guides).

Remember that shaft we made earlier. Make sure you generously apply the quick-release to the shaft and threads but NOT on the nuts. If you get quick release on the nuts they will pull out later. If you don't get enough release on the shaft and threads, the shaft will be locked into the cast and you will destroy it when trying to remove it.

Mount it in the chuck.

Checking the depth again.

The epoxy is mixed by weight, so you will need a scale. The stuff I used was 100-30.

The red dye mixed into part B.

I used 40g of part A and 12g of part B, plus about the amount that fits on a tooth pick worth of dye. (makes about two bat-tops so maybe cut it in half if making only one)

When you mix them together, it turns cloudy, you will need to mix it until it turns clear again. Make sure to keep scraping the sides, there can be NO streaks.

Pour it into the mold, and lower the shaft, and top off as needed.

Better view.

Using the left-overs in an old mold as a test. (bolt-shaft will definitely be wonky securing it this way)

A day later.

Notice the shrinkage already. This is caused by trapped air (microscopic tiny bubbles), degassing the casting resin first and then final pour would most likely solve this. (with a vacuum chamber)

Four days later. (You can try removing it in 2 days like the package says, but I find that it's still sticky if not a little soft)
You carefully pull your hardened bat-top from the mold.

Notice the shrinkage. (caused by not degassing)


Test mounted on a spare joystick.

Notice it hasn't been polished yet. (I'll do that in a day or two when I'm sure it's as hard as it can be)

Test mounted on the cabinet.

Went from this.

To this.

So the final result.

Now onto the blue side. (This is the current ball top, I'll make the other blue one in a few days)

I really do wish I knew how to inject bubbles into my new joysticks, I think they would look a lot better.
But until someone decides to make some real production ones, this is the best I can do.