Sam & Larry, thanks for your comments.
Today I started on the cranks, and did not have a good day. Here's the photo evidence:
The shafts are all 3/8" drill rod. The webs are 3/16" thick and need to be separated by 1/2". After drilling and reaming the webs .001" oversize, my process was to hold the webs and the crank pin together in a vise with a .500" gauge block clamped between the webs for spacing. I would then fix the crank pin to the webs with 1/16" roll pins.
I had two errors with this plan. First, I had made the crank pin slightly too long, so that when I clamped the vise the webs and the gauge block were a bit loose. I ended up with the webs about .04" too close together. The second error was where I drilled for the roll pins, which need to be in the ends of the web rather than the side. With the pins where they are the webs can move slightly side to side around the roll pins.
I also discovered that the crankshaft pieces I had cut will be hard to get straight, as the oversize hole and thin web make it possible to move slightly.
So my rework plan is as follows:
1) Make the crank pin slightly less wide than the width of the crank, allowing use of the gauge block to set the web separation.
2) Make the crankshaft one piece and use for aligning the webs.
3) Secure both the crank pin and crank shaft with loctite and let set
4) Drill and insert roll pins and the ends of the webs after the loctite dries.
5) Machine out the center section of the crankshaft.