Okay...here it is. After my old one died a sad death (threaded connection snapped clean off when I put it down) I decided to build an new one that wouldn't have that same weakness. I used 2" PVC again, I would have used 2.5" but I can't get anything rated over 130psi in that size around here. To order it directly would mean buying a 6 metre length which would cost well over $100. Oh well.
It has a 1:1 chamber to barrel ratio, compared to my old one which was 0.5:1. Barrel and chamber are both 32 inches long. Like my previous launcher, uses a tubeless tyre valve which has a large rubber stopper on the end which provides a perfect seal...no leaks whatsoever. Also uses the old ball valve from my previous WBL, while I wait for my Diaphragm valve to come in from Australia. I'll let you guys know when I get it.
I haven't tested the max range yet, but at 80psi it gets the same range as my old one did at 110psi (around 500 feet). It's a lot louder too, and makes a CRACK! rather than a FWOOOMP. I'm not sure why this is exactly, but it's probably due to the much larger air chamber.
Overall, I'm pleased with the result...but it should be even better when the new valve come in. Can't wait!
The completed launcher:

Size compared to my 1500:

Barrel, valve and my badly done barrel support: