Call me funny, but I do not care for metal handles for turning tools, interchangeable blades or fixed. ...
I'm mostly with you on that. I have a couple of Thompson handles and a several old SS handles with foam grips (long for bigger turnings) but almost all I use are made from wood. (The metal can feel cold! However, I like the profile of the Thompson handles)
However, I have too many tools and a dedicated wood handle for each tool would require adding a room on the shop. (just kidding, but barely). I do like wood handles with inserts to hold tools. For example, I keep a 1/2 dozen 3/8" spindle gouges without handles in very little space a shallow drawer and put one in a handle - when it gets a bit dull I set it aside, and swap for a sharp one and don't have to stop and sharpen.
However, I don't like the ER and similar collets and some of the quick-release connectors for one reason - they are bulky. I often like to choke up on the tool and with my hand near the tool rest, especially when turning one-handed, and a large collet gets in the way.
Years ago I started making inserts for wooden handles, tools held by a couple of set screws. At the time, several were available to buy but all I found were made from 1" dia aluminum stock which far bigger than needed for a 1/4" tool, harder to hold close for detailed work!
Also, as noted, some tool shafts are made a little over-sized and need slightly oversized holes in the inserts - with two set screws this is not a problem since the shafts that are NOT oversized are still held securely and can't loosen from vibration.
Here are a few inserts I made, along with one I bought - the #3 is an example of a 1" insert made to fit a 1/4" tool. I think #2 is the most comfortable - I can shape the end of the handle to better fit my hand. The shorter handles are better to hold with one hand.
I make most of these from aluminum, some from steel, and one from brass. This one will hold a 5/8" diameter shaft, such as this 1" Thompson spindle roughing gouge.
Some for 3/8" tools, show here with some Hunter tools.
One advantage of making inserts is I can drill a deep hole in the handle and only expose a short length of the working end. This gives more control on some detailed turnings but also allows keeping the exposed tool length the same even when shortened by sharpening. (This pic is before epoxying the insert into the handle.)
I use the metal-turning lathe for those made from steel and the larger inserts, but no metal lathe? - the aluminum and inserts can be made on the wood lathe with standard woodturning tools, gouges, skews, etc. It's not real fast but not difficult.
If anyone is interested and hasn't see it, for a demo handout I wrote a doc about how to make them:
I wrote this PFD document for a demo I did on turning metals, primarily aluminum and brass, on a wood lathe with woodturning tools. Relativity easy to do! For an example I show how I make inserts for lathe tools. The one I show is fairly small but the method is the same for any size. JKJ
www.aawforum.org
JKJ