I was watching this interesting series on building a shaft. It's about the size of the big 7" x 4' logs 4130 some of us bought. It's an interesting series if you haven't seen it.
I had a few questions. Job duration and cost? Any guesses? A week? $2000 for material and $100hr? So maybe $6000?
How would you drill the offset holes in the end of the 4' shaft if you don't have a horizontal mill drill? Drill press? Stand the shaft on end on the floor and move the table over? Sounds tricky. Maybe use some sort of 90 degree head on your milling machine? I don't have one but it seems conceivable. I don't think my mill would be big enough to support the stock.