Hi!
Well, nearly all 3,5cc-8,0cc engines use this 1/4x28 axle tread dimension. It is only MVVS and Rossi (Nova Rossi) that use a metric thread (6mm, 7mm or 8mm).
As has been said before; 1/4" is the diameter of the axle in inches and 28 is the treads per inch.(Inch is tum in Swedish).
Hope the world could get rid of the inch system soon

!
If you want an aluminum spinner nut I can make one for you.
Regards!
Jan K
Sweden
http://hem.passagen.se/airracing