Modified hanging technique to straighten shafts
NJ_Qball:
Shafts warp for any of a number of reasons, including improper storage, changes in temperature / humidity / altitude, etc.
As mentioned in a lot of the responses you've received thus far, you can attempt (and it doesn't hurt to make an attempt) to straighten, with varying results. If the shaft warped because of improper storage, you might have the best luck in effecting a permanent straightening job, as long as the shaft is stored correctly thence onward. If, however, the shaft warped because the location where the shaft was made had different environmentals from the location you're using the shaft now, your straightening efforts may have to be repeated in the near future because as others have mentioned, the wood is "still finding its comfort zone."
I've had good luck in straightening shafts by using the hanging-with-weight technique. I would suggest the following items:
[1] Cue and Shaft Hanger:
http://seyberts.com/products/Cue_and_Shaft_Hanger-2674-15.html
[1] Eye bolt
with the same thread as the shaft (e.g. 5/16-18, 5/16-14, 3/8-10, et al.):
http://boltdepot.com/eye-bolts-and-eye-lags.aspx
[A handful] of wire twist ties:
http://gemplers.com/product/34268/4-Vinyl-coated-Twist-Ties
[1] 5 lb weight (e.g. a 5 lb disk from a dumbbell)
What you'd do is:
1. Screw the nut on the eyebolt all the way to the end of the threads on the eyebolt itself (the end of the threads toward the eye, not the tip).
2. Next, gently screw the eyebolt into the shaft's joint, as far as it will go, but without forcing it.
3. Using your fingers, unscrew the nut down onto the shaft to lock it in place. Again, finger tight -- do
not force it with a wrench or any other tools! (Doing so could possibly yank out the shaft's threaded joint insert.)
4. Insert the shaft, tip-first, into the "cue and shaft hanger" shown above, and using some wire twist ties (pictured above, the same type you get on a loaf of bread to seal the bag), wrap the ties around the cue and shaft hanger, and twist them down tightly to increase pressure against the cue to prevent slippage. (You're going to be hanging some weight on the cue, via the eye bolt, so make sure the cue doesn't slip out of the cue and shaft hanger. You may even want to wrap a couple layers of strong paper around the cue and shaft hanger, and then apply the twist ties, and the paper will prevent the twist ties from cutting into the rubber of the cue and shaft hanger.)
5. Find a place to hang the shaft for a week or so, like a closet.
6. Hang the shaft, cue and shaft hanger side up (eye bolt side down), from the closet's hanger bar.
7. From the shaft's downward-facing eye bolt, attach and hang the 5lb weight.
8. Let it hang, undisturbed for about a week. Check it after a week to see the progress. Depending on the progress, you might have to let it continue to hang for another week or so. But I've found a week does the trick quite nicely.
A 5 lb weight is just a recommendation; you can probably go with more weight (e.g. 10 lbs), but I wouldn't go higher than that, because you take a chance of putting the wrong kind of stress on the joint insert. (The eye bolt is pulling down on the joint insert, and I'm sure with extreme-enough weight, you can pull that joint insert completely out of the shaft. The joint was intended to bear push, not pull, type of pressure.)
EDIT: P.S., obviously, the weighted-hang-with-eye-bolt technique only works if you can get eye bolts with the exact thread style as the pin itself. Because of unavailability of eye bolts with Uni-Loc and Radial type threads, this technique won't work with shafts using those types of joints.
Hope this is helpful!
-Sean