Your reasons Don, are exactly why owning metalworking machines is so great.. fabricating simple parts builds a foundation of experience that will always be useful again in the future. Experience in making simple parts just naturally leads to the ability to make more complex parts. Having to use halfassed parts/materials to try to accomplish a task is utterly frustrating compared to having the ability to make a quality part that improves the performance and/or reliability of device/machine/tool etc.
An expanding adapter was one of my early lathe projects (an expanding shaft to adapt a hand crank to a benchtop lathe spindle bore, on a model without low/variable speed capability), and I haven't/wouldn't hesitate to make others for different applications.