I've thought about trimming up a standard USD duckbill for my Healthways. It should work fairly easily.
As for a diaphragm, these guys seemed to economically make a one off diaphragm for a Divair:
http://www.hds.org/scubaworkshop1.html. If I knew more about that part of the project, it shouldn't be too hard to duplicate. If I could be sure of selling 100 diaphragms, it would be easy to order a batch from emachineshop.com. If I recall correctly, 100 diaphragms without an insert would cost about $500. Add in perhaps $200 worth of aluminum or steel inserts, and you've got a base cost of $7/diaphragm. Not too bad, and you'd make a decent little profit at $20/diaphragm, but that's a hell of a lot of wasted money if you can't sell the lot off.
I'm currently having some machine work done on my Healthways valve body. We'll see if my theory works out to be an improvement in the breathing of this already pretty good single stage reg. I'm kind of suprised that there is not more interest in Healthways regs, since they were at one time popular and cheap(so I would assume that there were a lot sold), and about as simple as you get to work on. I've got an improved valve body design worked up, but it's going to cost around $200-300 to have a machine shop fabricate it(not counting the material, which I'll supply), so it has to wait until I can "sneak" it by the wife

If my Suzuki sells for a decent price, I might be able to do it then, although that money is currently earmarked for a compressor.