Quote Originally Posted by drumsticksplinter View Post
I've decided to opt for the 40mm OD just because of the configuration of my machine. The length of shaft past the locking nut will accommodate my pulley, so with a 35mm OD minus the thread pitch (1.5mm to allow the locknut to slide over) will leave me with only 2.5mm wall thickness...
(35-27-1.5)/2=3.25mm wall thickness. That's plenty, especially if the pulley is machined such that it clamps on to the shaft.

Quote Originally Posted by drumsticksplinter View Post
I'm not sold on the idea of an aluminium shaft, admittedly the moment on inertia will be less, but the overall mass of the rotating ballnut assembly with steel components compared with that of the ballscrew (with a rotating screw scenario) is considerably less. [...] Plus I hope to upgrade to servo's eventually.
The overall mass is irrelevant. The moment of inertia of a cylindrical object is proportional to it's radius to the power 4, and proportional to the density of the material, so I=k*density*radius^4. So if you can make the radius smaller, that makes a big difference (hence use as small bearings as you can). Similarly, whatever the inertia is is multiplied by the density, so using aluminium reduced it substantially.
More important than both of those is to consider the moment of inertia of this shaft(+ballnut+pulley) compared to if you were rotating the ballscrew.
The radius of this shaft is greater than the ballscrew, and that difference gets raised to the power 4 so you end up with the inertia of the shaft being equivalent to a substantial length of ballscrew. For example, the Ř62mm*13mm long piece of the shaft is 62/25=2.48 times the diameter of the ballscrew, so it's inertia is 2.48^4=37.8 times greater, but there's a hole about the same diameter as the screw, so that 13mm long portion of the shaft, if made from steel, has the same inertia as about 36.8*13=479mm of 25mm ballcsrew! If it's aluminium then it's inertia is only equivalent to 479/2.9=165mm of ballscrew. That's also an excellent excuse to use an aluminium pulley instead of steel.

Having big motors does make this less important than in most cases, but that's no reason not to make the design as good as you can - every little does help. Also if you do get servos, then it's helpful for the assembly to have a low inertia because it could reduce the size, and therefore cost of the servos you need.