I have been a fan of these devises for years and your idea brought my idea closer and I'll share it and maybe simplify the design for others.
I was looking to use the bar threaded in from the left of the spindle and the main body just like your. The lantern is a separate part that works similar to a V block clamp with the head like the lantern to hold all the buttons to hold different sizes of bolts. If the lantern part slides in a slot and a quarter turn to lock into the working position. The threaded rod would not need any quick release just enough of a turn to apply the pressure need to hold it. Then loosen the threaded rod turn the lantern and then pull the finished piece and insert new blank and repeat until finished.
Maybe someone can run with the ideas, I've tooo many on my short list. If I could get to the end of my long list I would be at least 150 years old.
Nelson

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