Hi
can someone tell me the diameter in studs of a circle of the old light gray tracks?
It’s the part 3329b
https://www.bricklink.com/v2/catalog/catalogitem.page?P=3229b#T=C
You could build a lot of short wedge shaped sections in SNOT and put them together at different angles to create both the turns and slopes. On the underside you can mix in some of those 1x2 bricks with a technic pin in them, and then mount them on some sort of technic structure. But it might look really blocky and would certainly be a nightmare to figure out how to mount them in alignment.
Going with the wedge idea you could also just mix in some 1x1 plate with clip, or other types of clip elements, and then connect all the sections with flex tubes. That would be much easier to mount it on.
The only example I could remember is this one http://www.eurobricks.com/forum/index.php?showtopic=90733 the result looks quite good from what you can see in the photos. Maybe pm zidane for some tips.
Maybe a shield could work, the size would be pretty good.
Edit: you could take an oval one and attach it with one of these http://www.bricklink.com/v2/catalog/catalogitem.page?P=11090#T=C to the type of "string" Athos uses.
You could actually make it super compact by putting a toothed bush at the end of each axle and just put them end to end. But the rest of the construction might have to be pretty sturdy to keep them together.
I thought about those wheels too, but the angle is 60 degrees with those
Maybe one of those +\o liftarms suggested, but with an 8 tooth gear on each axle to fix the axles in their position.
You can maybe use one of these types of plates http://www.bricklink.com/v2/catalog/catalogitem.page?P=4263#T=C where you fix the axles position with a toothed bush. You can maybe even attach the liftarm of the pendulum directly on the studs of the plate and not need the lower axle. But it would of course have to be a liftarm with only pin holes.
A 2654 with one of these http://www.bricklink.com/v2/catalog/catalogitem.page?P=20482#T=C placed in the middle between the studs should make a pretty nice and functional shield.
There is the round clip on road sign, but I think it might be 2x2. And then there is the round part of the 2x2 turntable, but it has the studs on one side that protrude a bit. Those were the 2 that came to mind.
Edit: 50254 train wheel small, it comes in white, but I guess it's kind of thick for a shield.
I have never owned this type of stair elements, so I don't know if this works, but how about a whole bunch of 1 X 2 round technic connectors held together by either a bunch of friction pins or a really long axle?
It's been a really long time since I built technic, but as far as I know 3749 is as close as you will get. The only pin shorter than 2 studs I know of is the half pin, but that wouldn't do much good.