How are you using the eyebolts? Crow (check "members" for his profile) has developed a fairly nifty system for attaching strings that takes a lot of the hassle out of using that kind of hardware. He's got a diagram in his photos collection and a video outlining the setup process, too.
They're a little more fiddly b/c you're not working with the mechanical advantage of geared tuners, but I've found that with a little practice you can get good results with eyebolts.
Unless the eye bolts are free, the bolt washers nuts etc seem to cost as much as a few cheap used tuners. Go get some real tuners you will be much happier with you cbg. You can always take them off and put them on the next one if its that much better.