Finally got round to listening to this and would suggest the following changes:

1) v1: Ignore my earlier correction from the book - they're not on the recording

2) v3: I'd agree with Jim's transcription apart from the last line, which I think is:
   Hammer reaches down and drove
   
3) v4: For if I miss this six-foot steel

4) v5: seems to be more like
      Fit in the palm of your hand


Mick