As I'm too tight fisted to shell out for Raasks or Tarrozi rearsets I'm having a go at making my own. I bought a set of NOS footpegs off Rusty Riders on Ebay - very cheap they still have stock as well. Most of the rest I have scrounged - they are made from 5mm ally plate, I drew an outline onto the plate- roughly cut around them with a hacksaw and tidied them up with a bastard file, I bent them using a vice and a crescent - then finishing file then polished up in the usual way.
The shaft running through them is made from some stainless tubing I found in a scrap bin of a local company that makes thermocouples for the dairy industry - it fits nicely over a 3/8 bolt - not a perfect bearing fit but pretty close. I drilled out a hole in the shifter lever the same size as the outside diameter of the stainless tubing - heated the ally and tapped the tube in. I have some uber strong locktight that I will use when I am happy with the final fit.
Luckily I already have a big ally plate to mount these on with the F frame, I scrounged another piece of thick wall stainless tube and tapped a 3/8 thread into it then fitted it into the ally plate on the frame itself - its not such a tight fit so I used some locktight sleeve lock to hold it in. The pegs are already threaded with a 3/8 hole so I just had to cut a stainless steel bolt down to size leaving a small section of unthreaded stainless and then thread the other end - this bottoms out in the footpeg and will be locktighted in place. A locknut on the rear of the plate and some stainless washers control the slack - its not bad - less slack than in previous factory rearsets I have had on other bikes. I'm hoping they will wear well - its stainless onto stainless. I'll update when I get the engine back in the frame.
The pictures should make more sense than my write up.