Pat
Just a few things. I would do some partial assembly of the raduino, main board etc to get a feel for things. Many in qrp community like bnc, of course idea is to do it the way you want it. For some folk in the world, that ptt and microphone element get them on the air. Yes normally open ptt.
I suggest wiring up both headphone and speaker. You may find audio output lacking to drive a speaker. Some folk use an external amplified speaker, or add an internal audio amplifier.
I suggest you visit some websites from around the world that describe bitx assembly.
Curt