On length...Tie one end of both lines, leave a couple FEET of extra (you need to fold the end over and all). Stretch both lines out together (yes the full length) and mark with a sharpie (permanent marker) at the same time. Now the hard part: when you tie the knot the wraps have to _include_ the mark when tightened up. The mark cannot be in the portion of line that will slide through the knot, the wraps won't move once the knot is tightened even as the knot is cinched down. When you tighten it around the thimble, or around the clip if you are not using a thimble, the mark will remain inside the wraps of the knot. Potentially the lines will be within the size of the mark of each other.
Yes this takes practice. The recommended 5-turn doubled uni-knot does not untie very well either, and not at all after it is taken tight.
1 inch *should* be close enough for most handles to adjust, even hard point handles. A cable handle will have no problem. If you use a thimble on one end a different length clip can be used to take up some of the difference.
Clips can be made from music wire. Take a two 10p nails and lock them in your vise at the desired spacing. A third real close to one end to capture the wire may make starting the bend easier.
I only use continuous line for 1/2a.
Spectra can be wrapped on a flat storage device, like thick plastic or thin wood, or cardboard even. I have a couple sets stored on fluted sign plastic cut sorta like a 1/2a handle.
Splices are not recommended, and are not permitted in competition.
Phil