That's the idea. My idea is to have the top and bottom pieces be threaded so that you would just put on your chosen materials and thread them together. Use thread locker or epoxy to keep them together, and then it's CUSTOM KNOBS FOR THE MASSES! If I had the entrepreneurial spirit, I would probably have at it, but seeing as I don't really, I can just dream
EDIT: Just think about it, titanium with bloodwood, or ebony, maple, and MOP, or whatever!
You could even mix and match metal types for each of the 3 sections, if it fit your fancy. Brass or copper middle section could be a neat contrast between a darker inlay material.

