I'm just curious, have you found bits close enough to the diameters you'd need? Is this idea limited to kits where the necessary hole diameter happens to hit on standard drill bit size?You don't need a tube, if you are using acrylic. Just drill the center hole the same size as the metal tenon on your part. You will not be able to use your bushings though. Glue the parts in using epoxy, but make sure you are using an epoxy that dries clear.
It takes me three time longer to polish the inside, than the outside. And I still haven't done one that I was fully satisfied with yet.