How were you intending to true the front strap? In the vertical position or horizontal?
I've only used the Keller, and have done way less frames than Steve (Integrity Arms). But when I see the frame being held by a single rod, it looks like there is no way that it won't chatter very badly, especially when trying to true the front strap up.
I would like to make my own fixture one day. You have way more "go get em' than I do and hats off to you for making your own fixture. Seriously.
It may be beneficial to go ahead and finish it if you are very close to being done, and use it on that scrap frame so you can see first hand what you're dealing with. All this talk is theoretical until the machine is running and the frame/fixture/endmill start screaming.
Me personally, I will likely end up doing what was mentioned earlier and use a modified angle plate mounted to a rotary table that can be used both horizontal and vertical. Then you mount the frame to the plate and you end up with a rock solid set up. The harder part is figuring out a way to quickly mount and locate the magwell on the angle plate/rotary table.
There have been a few guys on here who have made their own fixtures that are super slick.
Here is a more crude straight forward example of what has been suggested here:
Good luck and keep us posted.