Yes, I know both about flex3drive and Zesty's extruder. But I thought to do everything myself. This is just small experiments with my delta printer in spare time.
About gearing - seems like highly geared dc motors from Pololu will be very slow with 12 CPR magnetic encoders. For example, 1:1000 geared dc motor will have only 32 RPM speed with no load.
I have also various high density (150-180 lines per inch) circular optical discs (encoders) from inkjet printers, but they are quite large (relative to motor itself).