Hi Aaron, very in depth post, I had followed your build on the track-link mods, very thought out and engineered.
I had toyed with another option of knurling the ends of the track-pins to bite/cut into the Aluminum connectors but still was left with the soft material, I believe you are correct in assuming it is extruded tubing, already a malleable material, I did not see any signs of post treatment.
making these out of 4145 has given me the confidence of retaining the link pins alignment with the addition of the center split clamp I modified earlier, I am convinced I only need to manufacture the outside connectors and not both sides of the track link, the additional clamping forces should stop any yawing of the link walking off an end connector, time will tell I'm sure.
As to cost effective, the first two came off the machine in 12 minutes, I'm working on cut parameters for the wire for higher feed/speed where tolerance allows, lets be fair only the 4 mm holes need to the best fit and the wire accuracies over this thickness will not be an issue, i can allow fluctuation over the outer profile and inner clearance slot of which has a larger upset to match the original part.
from plate its approx less than 5 minutes to pop 100 holes for the wire, if i can get the connector wired out inside 10 minutes I'm happy, another minute or so for drilling and tapping, worth it for me.
I do have an advantage of having 6 wire machine tools at my disposal here in my shop, i sneak it in under R&D

once set up i leave running and go have coffee.
still toying with the knurled idea as well, we will see.
regards,
Martin.