With this switch I just cannot figure out how I would connect the negative? Do I just clean a spot down to bare metal on the body and solder a wire to it? Obviously the old contact point gets hidden under this switch.
Funny, but not one person questioned this! That was my first thought upon seeing this mod. The OP obviously did not mention.
You won't be able to solder anything onto the inside of the body tube, but one solution is to run a negative wire directly up from the bottom batt contact. Depending on your mod, this may or may not require isolation of the batt negative from the body, but would require to use C diameter batts in a D body, allowing room to run the wire.
If you can figure a way to anchor a negative set screw to puncture the inside anodizing, a la Mag-style (scraping away a small spot of ano can make this technique easier, and more effective), then you don't need the wire alongside the batts. Keep searching around as well... there have been a few really ingenious Mag switch mods/replacements here over the years.
Good luck with whatever mod you're planning!