To reply to a few of the comments made here:-
Jon – Anodised aluminium of HE30 specification is fine for nuts, so long as thread engagement is 1.5x diameter. Anodising is a surface treatment which imparts a hard skin on the alloy, so stress raisers are nullified. The thread does need to be suitable though, for maximum strength I always advocate BSW (see my other post on F1 engine failure with M11 threaded Main Bearing Stud after 300km but successfully replaced by 7/16th BSW)
Chas, mgn, and Hopper – Stainless spokes are OK if they are made by the correct process! which will inevitably be a drawn rod, upset forged head and a rolled thread. Here the process is minimising the chance of a stress raiser which would otherwise be a 'notch sensitive area'. I would hope that the stainless stock is ultrasonically inspected for possible 'voids' in the drawing process – this was the procedure for materials from Speciality Steels Division of British Steel in Sheffield. I could not guarantee anything from China being so tested though! For Indian supplied Stainless spokes, if they come from Tata Steel there is an excellent chance they have checked it correctly as the equipment from British Steel was shipped out to Pune. My 540 RE Continental GT in India managed to break rear spokes – but given the pot holes that was no surprise.
Colin – Yes, a sore point that Titanium is banned under ACU reg 14. My BSA failed the 'magnet test' when applied to the axles (a small iron insert in the hollow spindle got around the test!!). The bike also has Titanium spoke nipples along with nuts & bolts all over the place. It even has a Titanium cam wheel (silver plated to prevent galling). Fortunately they never checked the fork stanchions or the yoke head bolt! I was happy with using the bike like this as it was all BSA works parts and was originally from the World Championship Moto crosser. I did after the second season have all the parts X rayed to check for any potential risks.
SOD (Dave) – I think you have summed up the risks and concerns admirably well, and given an excellent graphic of when things go badly wrong (the Liberty ships).
Just as a final point – it is not about just the material but also a crucial part is the process involved. As Jason pointed out the thread rolling process is superior for thread strength AND for preventing unwanted stress raisers. The process starts with the alloying of the material in the furnace (single electric arc, open hearth, double vacuum remelt) the stock manufacturing (hot rolled, cold drawn, forged billet) and then the physical component manufacturing and subsequent heat treatment and allied processes.
As I started out in my initial reply – a little knowledge CAN be a dangerous thing – we owe it to ourselves to understand all these possible pitfalls and ask each other for advice where we are unsure. I have been asked on several occasions to make something which I have considered to be a 'critical component issue' and have disagreed and refused to make with the offered material because the material specified was either completely unknown or totally unsuitable. I never make critical items from Ti230 for instance, always preferring Ti316.
Martin