Just got back from a long stay at the lake and I'm catching up with things around here.
Having been through this myself, with the leaf-buttons, I'm enjoying reading all the experimentation.
Looking at the pics it appears that these buttons are fairly long? IF that's correct I think the best bet would be to make something similar to the leaf-button mounts. Basically you'd be making a plastic washer to put in between the bottom of the CP and the button nut. Then the LED's could mount into this washer the same way mine did with my leaf-buttons. You would be re-creating just the circular part of the mount, which you can see in my thread..
http://forum.arcadecontrols.com/index.php/topic,30565.0.htmlI've purchased some plastic sheets from Lee Valley in the past that I think would do the job nicely. It would have to be 1/4" thick minimum in order to mount the LED's into it. I'm thinking you would first drill a 1 1/4" hole and then drill around that with a 1 3/4 or 2" holesaw to end up with the appropriate-sized washer.
Might be too much work for some but I really think it's the closest you're going to come to re-creating the glow of my lighted leafs..if that's what you're after.
BTW nice job with the pics and explanation of the button wiring/lighting Mark. In the relatively short time you've been here you've contributed a helluva lot to these boards.
Shawn you should put those shots up on your site if Mark is OK with it and that pic of the 4 lit buttons by LPZ, that's a beauty as well.