This one had .018 out of round in the level wind hole. the l.w. screw was still in good condition, .200 dia.is a standard size on many of those.
the guide is held in a precision vise on a mini mill, hole indicated in, and plunge cut with a 7/32 end mill,this trues up the hole and a thin wall bushing is turned in the lathe and pressed in.
back in the mill the pawl hole is indicated in, bushing is center drilled, drilled to 11/64 and reamed with a 3/16 reamer which is pawl hole dia.
the reel also had a broken off foot pillar,that was repaired by drilling and pressing in a new end and drilling and tapping for the 2-56 plate screw.