Guys,
Great questions here, I will attempt to provide answers.
Heinz: Yes the screwplate is used to swage the tap. With the paired holes, one is slightly larger but with the same pitch. The larger hole is for the tap and the smaller hole is for the thread. The tap must be very slightly larger than the thread to provide a bit of clearance, otherwise the male screw will be quite difficult to install in a tapped hole without this clearance.
Bubblehead: Check out the posting in this topic for January 13, 2016. This shows an easier way to determine the correct diameter for the blank shaft before swaging the threads.
Jim