Looks great but personally I think you will have problems keeping it from coming lose or worse. You are inviting a number of problems. Wish you luck. Please keep us posted on how it holds up after some miles on bumpy roads etc.
This appears to replace the nut and has a locking system and does not compromise the integrity of the axle or nut???mikoloe said:Zona~ I am not an engineer, but I believe there is a way you can do this and not worry as long as you are in the right specs. They do sale this type of axle nut..Check it out!
http://www.meancycles.com/store/parts/view.cfm?PartID=212453