Brent,
Although I use 4130N for my flap and elevator horns, I do so only because I am literally using left over scrap material I have and I cut process everything manually by hand. I think 4130 is overkill for the application from a strength standpoint, however there are some issues specific to 4130 (and all chrome moly steels) that you may wish to be aware of that might affect the fatigue life of your part.
4130 will harden from a heat cycle such as welding or along a kerf when using thermal processes (such as laser) to cut. There are ways to address this but some will be more practical than others dependent on the item.
Thinner material (less than .120) does not seem to be as affected probably due to a lesser quench effect from thinner parent material. The hardness is not throughout, it will be restricted to the edges that have been cut. One way that can address this is to grind the edges of the material that have been thermally cut. Maybe not so practical with a relatively large quantity of parts.
If you have the holes in your horns laser cut and wish to tap threads in the upright, for example, you will find that the hole will be hardened and you may end up breaking taps. More importantly, the slot cut in an adjustable elevator horn might create enough of a discontinuity from the hardness that it could be susceptible to fatigue failure at the thinnest points.
If I were looking at a production run of parts, I would just go with your non-alloyed cold finished material with a modest carbon content (e.g. C1020) if you wish to laser cut. I am not a big fan of water jet cutting only because of my experience with its kerf shape and roughness, but you could definitely get past all of the thermal cycling challenges related to cutting by using water jet.
I should add that I think the bigger issue with respect to low temperature brazing your horn will be with respect to the technique of the one doing the work as well as how it affects the wire used (drill rod, music wire, TIG rod, etc) rather than the upright itself. FYI, I use Easy-Flo 45.
Hope this helps you get past your analysis paralysis!
Ken