The binnacle is now finally done. I mixed and matched some of the white metal from the kit with 3D printed parts from my own making to get the result I wanted.
I still couldn't find a convincing and satisfying dark brown "wood" color, so I primed the base with a mixture of Revell wood brown (way too light for my taste) with some Revell "rust". This got me there somehow but I still used wood glazing afterwards. I'll have to check out Vallejo colors to see if they have something convincing.
Anyway, I painted the binnacle top with Tamiya brass polish and used the two red and green "iron balls" from the kit, but without the collar because they would just kinda stick out on the side, but actually they would be mounted on top of some "wings", so I designed and printed a new collar that would also fit the compass. Today I fitted the base with an LED to illuminate the compass inside the binnacle from below.
The images show the evolutionary building process.