Thanks, everyone, for your input. My takeaway is that unless you're going to make substantial changes to the design (or materials), the only thing to do is use quality parts and assemble carefully and live with it. I don't think I have to worry about hardened spacers, first because my twin link eliminates the lateral loads on the bearings and second because I got mine from Richard and though I didn't ask him if they were hardened, I have no doubt that they are. As for greasing the bearings, the bearings I put in the upright were completely sealed so I don't have to worry about that either. That being said, I'll inspect everything as best I can anyway.
Speaking about design changes, I really like the idea of using VW stub axles, CV joints, and half shafts. Our own Jmarkusic did a write up about his and previous member, Andy Harwood's, conversion here (
http://www.lotuseuropa.org/LotusForum/index.php?topic=4782.0). Then there are a couple of alternatives for the stock stub axle - Swift mentioned one and I know JB used another one. That would solve the weakness of the Hilman Imp stub axles but doesn't do much for the bearing issue. With all the great upgrades Ricard (at Banks) has done, I'm a bit surprised that he or somebody similarly cleaver hasn't addressed that. Changing the rear bearings every 20,000 miles (or longer if you Bainford (!)) is not my idea of fun! A redesigned upright with beefier bearings would be welcome in my view. All that is nice but for me it's academic since something like that is not in the budget right now (but then changing the bearings wasn't anticipated either!).
I don't remember our making much about rear bearings in the past (but then the mind dulls with age) so I think it should be a lesson to everybody to check them frequently. To Bryan's point about front bearings, does anybody have any suggestions about them? They come off the Spitfire. I never new of any longevity issues with them on Spitfires or Europas either but then I hadn't heard about the rear bearing issues.
I went to look at the Jensen racing manual and issues with the rear bearings were not mentioned but then they would put very few miles on them and as hard as those miles were, it apparently was never an issue with them.