A couple weeks ago one of my friends at the Milwaukee Makerspace, Tom Klein, who has forgotten more about machining than I will ever know, did a modification to the design. He saw that I was using rubber bands to pull the top roller down on the spool's flanges and thought it would be better without the rubber bands. I couldn't have agreed more.
I provided a CAD drawing of the original roller, he dug through the bar stock at the makerspace, and then he got busy on the lathe. The top roller is now made of steel, and is heavy enough that no rubber bands are needed:
The bolt is secured with a nylock nut and is left just loose enough that the roller can slide up and down in the slots in the frame.
If you have a lathe, I can wholeheartedly recommend this modification.
Thanks Tom!