Larry, I LIKE that tool rest. Looks really nice and steady, and easy to adjust.
Natlek, I agree with you that really NICE knives can be made with almost no tools. Just look how nice some of the file only folks have made knives. Like you, I enjoy making tools almost as much as knife making.
For the wheels you show, put them in freezer overnight, then chuck up in your lathe and true up the surface so it's nice 'n round, and even along the edges. Then true up the holds for your bearings, press bearings in. Check for balance by hand turning on the axle to check if there are any heavy spots (always stopping on bottom). If so, drill a small dimple at that point until the wheel always stops at a random place.
Those wheels could work nicely. If they do, GREAT!!! if for some reason they don't work so well, no big deal, only thing you've lost is some time. "IF" you're making knives full time, then time is money and it might be less expensive to just buy a decent wheel, but hobby knife making (like me), time is pretty cheap {g}
Let us know how the wheels turn out, and good luck.
Ken H>