To date, this repair has held up. It's been quite a few years.[/B]
I was able to grind off the end of the pressed shaft that held the glide in place on the end of the traveling arm. By clamping the shaft with vise grips and prying it out with a small pry bar, it came loose. I found that a 3/16" by 1" binding post, by Everbilt, stock number 284 706, found at Home Depot, fit well enough to replace the old shaft. I used one of the 5/8" rubber seats as recommended, for a glide. Its working nicely. I will report back if there is an early failure, and will try to get pictures posted once I have time.
Cheers