I read Will's post about how to make your own pump peg on the Blug a long while back:
You take a p-clamp, some spacers and modify a Nitto strut and you've got a pump peg somewhere you might not have had one before. Will likes to put his in the rear triangle and you'll notice them mounted this way on a lot of his bikes.
This is great, I love it, cool hack! But I've always wanted for a version that doesn't require tracking down and destroying a Nitto strut. Riv HQ is probably awash in Nitto struts and they have em poking out of the coffee cans on everyone's desk all over the place. But not so for me, Nitto struts are precious few in my shed.
I think I came up with the right shape and this weekend I picked up an electrical ring terminal in the 10-12 size, yellow sleeve.
Holding the ring end with one pair of pliers you can easily remove the yellow sleeve with a second pair of pliers. A pack of 15 is $4.50. If your local hardware store has a bulk/loose hardware section you can get one for around 55¢ (at least I did).
Paired with a 3/8" insulated cable clamp (2 for $2.20), a few serrated brake washers, an M5 bolt and a nylock nut I had a fashioned a pump peg. Didn't have to cut or shape any metal or destroy any high-end Japanese rack struts.
I have yet to SUPER TEST this out but wanted to share all the same.