Drilling a pair of holes into a length of ground steel shaft turned it into a holder for a Sakura Micron pen:

The aluminum ring epoxied to the top keeps it from falling completely through the linear bearing.
The hole sizes are the nearest inch drills matching the pen’s hard metric sizes:

While I was at the lathe, I turned another layer of epoxy on the printed holder down to a consistent 11.95+ OD. It fits the bearing nearly as well as the steel shaft, although it’s not quite as smooth.
The steel version weighs about 20 g with the pen, so it applies about the same downforce on the pen nib as the HP 7475A plotter. The force varies from about 19 g as the Z axis moves upward to 23 g as it move downward, so the stiction amounts to less than 10% of the weight:

However, the more I ponder this setup, the less I like it.
When the Z-axis moves downward and the nib hits the paper, it must decelerate the weight of the pen + holder + ballast within a fraction of a millimeter, without crushing the nib. If the pen moves downward at 3000 mm/min = 50 mm/s, stopping in 0.3 mm requires an acceleration of 4.2 m/s² and a 20 g = 2/3 oz mass will apply 0.08 N = 0.3 oz to the nib. Seems survivable, but smashing the tip a few hundred times while drawing the legends can’t possibly be good for it.
Also, the tool length probe switch trips at 60 (-ish) g, which means the pen can’t activate the switch. Adding a manual latch seems absurd, but you can get used to anything if you do it enough.
I think I’m not understanding something. Where are the two holes in the ground steel shaft and how do you drill two holes in a ground steel shaft?
I’ll take a guess: one from each side, maybe two different diameters. End result is one hole, but it starts as two.
Jason’s got it: a hole from each end to fit the pen diameters. I added the shop doodle to clarify what I meant and record the sizes for later.
Ah right. When I read ground I was thinking hardened.
The outside is case-hardened well enough to rebuff a carbide toolbit, so I used up a big Dremel wheel slicing off that chunk. Yuch!
Man that Pigma abuse… :-)
Mmmm, could I convince you it’s consensual?
You did remember the safeword, didn’t you?
Memory is the first thing to go, isn’t it? Or is it the second?