I'm going to add just a few thoughts having completed my first DASR from the point of view of being a complete beginner. Guitars I can make, but my metalworking experience is exactly zero.
Because I'm a complete beginner, nobody should take anything written here as advice! Read what Bruce and the others have written. I won't do a step by step guide, Bruce has already pretty much done that. I'll just included what I found useful to know as a beginner.
First step was to watch this, showing how to drill vertically through the very centre of rod.
I live in Italy so everything is Metric. This a list of what I used:
FOR THE PARTS:
Apart from the rod, all came from Amazon.
Rod - 5mm steel. It just came from my local DIY shop, so I can't be sure exactly what type of steel.
Barrel -10mm brass rod
Space and cross bar - 10mm 6061 aluminium square rod
Pins - 2mm steel rod
Bolt - M6 x 70mm bolts. I found ones that were only part threaded. Cutting off the threaded part of the 70mm bolts left an unthreaded shaft of the right length.
TOOLS:
Bench Drill Press
Hacksaw with bi'metal blade 24tpi

Clamp - I bought a cheap one from Amazon, made my Silverline. It's got no vertical or horizontal V channels, which made things a bit more difficult. At some point I'll replace it for one with channels.
Drill bits - I used my standard HSS drill bits, that I use for wood working. They worked fine.
Centre drill bits - I bought a cheap set from Amazon. They worked fine.

File
Digital level
Oil (because I forgot to buy cutting fluid)
Tap & die - I bought from Intense Srl in Italy. M5x0.8 is the thread size.
First I cut off about 33mm of brass using the hacksaw. Before I started I thought I'd be spending days just sawing the various rods into the right length. In reality the hacksaw with the bi-metal blade was incredibly quick. Steel, brass, aluminium, nothing took more than 30 seconds to saw through. I then used a file to clean up the ends of the brass rod, then put it into my drill press and pushed it down onto a piece of 120 grit stuck to a piece of scrap.
I then used the technique described in the video at the top to position the clamp directly under the chuck so that I could use the centre drill bit to start the hole. Watch the video, but basically you put the centre drill bit (upside down) loosely in the chuck, slide the clamp so that makes contact with the jaws on the far side, tighten up the clamp so that it grips the centre drill bit, then loosen the chuck so the drill bit is now held tightly in the clamp directly centred below the chuck. You can now put the brass barrel in the chuck and lower it onto the centre drill.

You get left with a small hole like this;
I then drilled a 4.2mm hole through the barrel. It's 4.2mm because that's the size hole you need for tapping an M5 thread. I used the same techniques as above, putting the drill bit upside down in the chuck, lowering it down and tightening it into the clamp. The brass rod then goes into the chuck and you can start drilling. I drilled at about 1200RPM, reversing frequently, light-ish pressue and frequently stopping to re-apply oil as the lubricant.
I won't lie, it took me quite a long time to get all of this set up, and a couple of tries to get holes centred and clean. It would have been a lot easier with a vise with horizontal and vertical V slots.
For me these were the techniques that mattered:
1. Drilling in the centre of something using the technique shown in the video.
2. Using a centre drill bit to start the hole. Without it my drill bits wandered.
3. Clamping the drill bit, and putting the work piece into the chuck. I'm told that by doing this the drill bit is automatically finding the centre.
4. For the barrell I drilled half way, then repeated the process starting from the other end. I ended up with a perfectly centred hole all the way through.
All the holes were drilled as above.
For drilling the holes at a 2 degree angle I just did this:

And for the square rod, this:
For tapping the holes I put the tap into the drill press and turned the chuck by hand. Here I've drill several holes making several anchor pieces. One technique that occured to me only late in the day is to tap a hole as soon as you've drilled it. The clamp is already in the right place, so the tap will cut exactly in the centre of the hole.
For threading the rod, I made one of Bruce's handles that he describes above. I found it really hard to start the thread though. I could'nt seem to apply enough pressure and turn smoothly at the same time. So I improvised and put the rod in a hand drill and just pushed it againt the die held in my clamp.
DO NOT copy this technique. Yes it worked brilliantly, but something tells me the machinists are going to (rightly) shout at me. Not least because it puts a lot of stress on the drill. Doing one truss rod is probably ok, but if I were making them in batches I'm pretty such my drill would melt. I know drill Bruce mentions threading in one go without stopping. I wasn't able to do this, I found I need to reverse every couple of revolutions. I ended up with beautiful threads, no wobble at all.
Once I'd gathered all the parts, it probably took me a full day of experimenting, failing, re-trying till I had my first truss rod. Nothing was particularly difficult, once I'd understood the 4 techniques I describe above. Once they had sunk into my pretty thick head, everything went smoothly.
So overall, I would say that it was a reasonably straightforward process, using tools that most people with a workshop probably already have. Being able to make rods in any size I like is going to be amazing.
The only thing I don't like about them is the mess. I have a small workshop with no room for a decidated metalworking drill press. I worry about the oil used for lubrication getting onto my desk and drill bits etc etc and contaminating my wood, particularly beforfe applying a finsih. So if anyone in Europe wants to make me the parts, I'd still happily pay for them.
With regards to installation, I've made the jig for routing the channel, but haven't actually done an installation yet. Once I have I'll write that up as well.
Thanks Bruce, this is surely one of the best threads ever.