Bill,
Great writeup. I just took apart my new to me shorty 40 and the bushing collar was actually loose and came right out. There was no adhesive or anything on the threads. The inner ring looks good. What should I put on the threads to put this back together? Is there a proper way to grab the collar when screwing it in to tighten it?
Clean everything thoroughly and wipe down with acetone.
Now, bear in mind you are NOT going to torque the bushing in tight.
After cleaning, trial fit it dry. You'll want to screw it in dry first to see where it's at when tight then back off until the cutouts for the ring are aligned across 3 and 9 o'clock. That is where it should be when installed.
Loctite 680 Retaining Compound is what you're going to need.
Give the slide & bushing one more wipe with acetone then make sure it's completely dry free of any contaminants. Coat the first couple threads in the slide with a bead of 680. Likewise on the bushing, a bead of 680 of the first couple threads. Then screw the bushing in to where you noted during the dry-fit. You want to see 680 squeezing out both inside and on the outside. You can use the nitrided ring or a nickle as a tool to screw the bushing in and tweak the alignment across 3 & 9 O'clock as needed.
When it in and aligned correctly, set it aside until tomorrow. When you come back to it take some swabs or patches, wipe up the excess 680 and put it back together, you're done.
Warning!
Do Not! use any Loctite primer compound such as SF7649, it will cure the 680 before you get the bushing in all the way. Ask me how I know that
Cheers
Bill