As I've posted before, I remove the handle from the lines, but leave both clips on the handle. One of those clips is the odd-ball homemade clip, and the other is a stock Sullivan (or Brodak) clip. The clips at the plane end are also stock Sullivan (or Brodak) clips. I leave one of the clips attached to one leadout , and one attached to the other line.
While some like to leave the handle attached to the lines, that takes a lot more space in your field box, and I think it also puts some extra bending on the lines and may cause problems eventually. Plus, they drag their fancy handle across the pavement while spooling the lines out.
There is another advantage to removing the handle...between rounds, I remove the handle, wind the lines up to the plane, but leave them attached to the plane. When I hook the handle up, I just grab one of the lines, pull on it, and see is it's the UP or DOWN line. I hook up the UP line first, DOWN line second, and check for the direction the ELEVATOR goes. That one near-miss taught me to be darned sure I wasn't looking at the flap. Plus, I don't drag my shabby handle across the pavement while spooling the lines out!
I keep two sets of lines and matching handle in a gallon Ziploc Freezer bag. The spare set of lines is the one of the two that is in a smaller bag. The gallon bag is labeled for that plane. I gotta admit that if you can't see well enough to see which way your elevators go, this system isn't for you. I can't tell if the elevator is very close to neutral, but I can still tell that it's up or down. I have more stock & custom clips in a small container in the box. If I had enough planes to fly that I needed more lines, I might figure a way to clip the bag of lines/handle to each plane...maybe. I would never use the same lines/handle for more than one plane.
Also...without looking up the price that Jim Lee charges for the clip bender set...just buy one. Cheaper than buying reamers and taps, plus the parts in small numbers. I suspect you could get away with using split pins or roll pins instead of dowel pins. Yeah, they're all different. And don't forget the potential for breaking the drills or tap and spoiling the purchased parts. What you might consider instead, is getting somebody in your area, group, to share the clip bender, or ask somebody you know from SH or SSW online to make clips for you.
ou might also brainstorm another way to make a bender. My buddy Keith Varley made one from a cheap drill press vise. Drilled holes for the pins on opposite jaws, and adjusted the clip length with an assortment of 1/8", 1/16", 1/32" and 1/64" ply shims.

Steve