It won't Chris. Someone sent me an Elite butt and I tried a shaft for a Uniloc Radial. It will screw on part way and thats it.
I tapped a new shaft with a Uniloc tap and tried to see if the difference might be so slight that I could force it to create its own threads. I thought the difference might be the major diameter. No go. Funny that it will screw on part way like nobodies business and then nothing.
I plugged both holes and tapped for a 3/8ths X 10 pin.
I like the Elite cue line myself. Too bad they use a Chinese Radial style pin and it seems like no maker or repairman has a tap for it as of yet. It makes getting an extra or replacement shaft for it pretty much impossible as it stands right now. The only solution is plugging the holes and using a Uniloc Radial or a common pin. Its not like its an serious expensive solution if you happen to like the cue, it just means a bit of unecessary hassle to have to go thru.