To wind yarn level, you need a level wind, hence the name. The rolling rings are underkill, because you can't repeatably tune them to the exact pitch you need, and you'll be 'fine tuning' them forever.
The requirements are not that difficult. The translation of the level wind has to be set up for the diameter or width of the yarn/ whatever, and it has to be mechanically linked to the takeup spool, so that the level wind carriage translates by exactly one product width per revolution of the takeup spool. The carriage has to reverse direction precisely, repeatably, and quickly, at each end of the spool.
All of that can be done with fancy motor drives available today, but by the time you get the takeup and the lateral drive phase- locked and the lateral drive repeating its reversals with any precision, it has to be cheaper to do it mechanically, even if the entire mechanism has to be custom made.
Mike Halloran
NOT speaking for
DeAngelo Marine Exhaust Inc.
Ft. Lauderdale, FL, USA