Thanks everyone for all the encouraging feed-back. I know there is still lot of room for improvement. It will only get better next time.
As I did with my first build, I was planning to turn it using my drill set up, This time I approached the guy at the angling specialties and asked him if he would let me use his Lathe. For only $ 10.00 he ended up turning it for me ( nice deal!)
Actually I did it the hard way. I glued all the rings onto 1/4" rod, once dried and turned. I used 15 inch long (1/4 "Flathead) with sharp cutting edge (sides) drill bit to enlarge the ID (very tricky process, not to damage the cork ends). Then rim it using an old rod butt that i glued sand paper belt on it.
Yes Mike, on the old rod I did not install one, but I put a fancy one on the new rod, same as below (from Batson)