I don't remember who gave me the idea anymore, but I decided to go with railings for my steering wheel. When I'm finished it mounts back above the machine out of the way on a seperate set of rails. Anyways, here's a picture of it. Thanks to whoever gave me the idea! (Sorry I lost the thread where we talked about it.)
I used aluminum railings. They're easy to cut and drill and they guarantee a straight smooth rail (which is more than what wood could do).
I know the picture is a bit dark, but it's the last one I could get off before my camera battery died. I have some better ones in the camera that I will try to get to ya'll later, but they're in the built-in memory - not the compact flash card.
P.S. It's not a attatched in this picture, but I have a large plastic screw that holds the whole thing in place. I snatched it from the wheel's clamp before I sawed it off.