I plan to do the same thing with my control panel. I would suggest that you drill the two current holes in the S-plate out to #10 clearance (7/32" drill is more than sufficient).
If you're worried about the mounting points, you can always dill more holes into the corners of the S-plate to allow for better mounting points. I will do the same thing once I get around to building my control panel.
The threaded inserts can be found at many hardware stores (i.e. Lowes) and can also be found online at
Fastenal. Buying from Fastenal can save you money if you plan on using the inserts to mount more than just your joysticks. If that is not the case, I would recommend just either ordering from GGG or going to your local hardware store to pick up 10-24 inserts and 1/2" long 10-24 machine screws.
Realistically, these inserts will stay in no problem, but consider using carriage bolts if you feel the machine will get a lot of abuse.
Hope that helps.
