RE: Peep Rotation?
You could try a different kind of peepsight, I use a shurz-a-peep which I modified a little.
Instead of being held by three strands of my string I centered it between two even parts.
I'm thinking of making them myself because they work really well.
I'll try and take a pic and show you, there's already some in the "show your bow" post.
F.