I built a similar swan neck hollowing tool (similar to the one on Darrell's website). About the only difference in technique is that I didn't use a press and jack to do the bending. Instead I heated and forged it with a hammer. The advantage to Darrell's method is there are no tool marks. When you beat the shaft with a hammer like I did, then it leaves a bunch of dents. But I must say that it is a lot more fun my way because you get to beat the heck out of something on an anvil with a large hammer :-) I also think it would be fun doing it Darrell's way so you could build a press that could get reused.
On my swan neck tool, I set it up to take a ProForme hollowing tip. So I had to drill out the end and also tap a hole so that it would take a set screw. I used stainless steel for the shaft. Next time I'll use annealed cold roll steel since stainless is really hard to drill and tap. But it sure is nice on your hands since it does not rub off when you use it. But you might have a different opinion.
Jeff Jilg Austin, Texas