After talking a local computer shop out of a "throw away" WD caviar drive, I'm sitting here with the bearing in my hand and have a much better idea of how this spinner will work than I did just looking at the pictures. I've got a question, is there any reason not to print an encoder wheel scaled so that it will attach to the large part that ends up spinning at the bottom of the HD bearing (the place where the web sites show attaching a shaft that has the encoder wheel on the end? I'm thinking I could build a housing suitable for mounting on the underside of my control panel, have the knob's shaft extend up through the CP, and mount the optical encoder pair to the assembly properly positioned to read the larger encoder wheel. This would increase the footprint of the control by a bit, but would make it a good bit shorter.
Thanks!