Hi eric, thanks for the reply.
I have an Ultrascopic 7.5 and a 15mm 1.25" eyepiece. The distance from the eyepiece collar to the retaining screw groove on the barrel is very different between them, maybe 10-15mm. Why is this so ?
With regard to the screw up/down question. If the screws are at the top of the eyepiece holder then the weight of a heavy eyepice would act to pivot the lens barrel about the screws as allowed by the looseness of the fit. I was thinking that if the screws were at the bottom, then any pivoting force would only serve to push the eyepiece more firmly to the roof of the eyepiece holder. Not sure if this a significant worry, but given the amount of time it can take to collimate a reflector ........
Cheers