Hello Skipmonkey!
Neat blueprint - its a shame you probably arent local, I could do with someone having woodworking skills in exchange for electronics help (which you badly need - just as I badly need a woodworker)..
You have absolutely no understanding of electronics, as demonstrated by your question [i]"wouldi be right in saying that the variable resistor would control the volume?"[/i] .. Sorry to be so blunt, but, of all the electronic projects you could undertake, a Theremin is probably the one which requires the greatest understanding of electronics.. and you dont have even the basics... We all must start somewhere, and we all develop our understanding as we go along.. But the Theremin is the wrong circuit to start with.. Particularly if you want to build it into a 'tar!
I am not going to go over explaining Theremin electronics fully - there are many sources you can get this information from.. but lets look at your schematic..
There are 2 4093 schmidt gates, these are configured as CRUDE oscillators - If the input is low, the output is high - In this state, the capacitor connected to the input charges (in the case of one gate, via the potentiometer.. in the case of the other gate, via a fixed resistor..
When the voltage on the capacitor is charged to the +Ve threshold of the gate, its output goes low, and the capacitor starts to discharge through the same resistor or potentiometer it charged through.. This process continues.. one gets a triangle wavefor across the capacitor, and a square wave from the gate output.. The frequency is determined by the size (value) of the resistor and capacitor.
In your circuit, the potentiometer sets the frequency of one of these oscillators. This circuit needs (at least) another resistor in series with the potentiometer to have any chance of working.. Also, the values for the capacitor, potentiometer, and series resistor are critical and must be calculated based on the frequency span of the other oscillator.
The other oscillator has a frequency determined by the resistor, capacitor, AND capacitance of the "antenna". Forget the word "Antenna" - This circuit is a CAPACITANCE sensor, and your "antenna" is just a plate of a capacitor, with your hand changing this 'plate's capacitance to ground. The frequency of this oscillator will vary as your hand's position varies..
Both oscillators run at high frequency (>100kHz) and should be tuned to run at the same frequency when your hand is away from the plate. The oscillators are CRUDELY mixed by the EXOR gate, the following capacitior is wrong.. it could even destroy this gate.. you need a resistor of at least 1k before connecting to this capacitor.. this resistor and capacitor should form a low-pass filter tuned to no more than about 8kHz.. This filter gets rid of high frequency sum signals, and you end up with audio difference signals IF everything is tuned ok.. The following 4020 is redundant - And, in fact, if you replace the 4070 with a 4013 you end up with a much better chance (still not a good chance) of getting something to work.. (check my other postings for how to use the 4013).
[i]"i plan to slide my hand up and down the neck like a guitar to change the pitch of the theremin. Will it work like i want it to at that angle and length? i was planning on just using a normal radio antenna. I dont really know how the whole antenna thing works, does it create a "bubble" around the tip where the radius changes pitch in all directions around it?[/i]
The only thing which will affect the pitch, is how much capacitance is seen on the 'plate' by the oscillator. This will be primarily determined by the DISTANCE of the hand from the plate.. There are no "bubbles" there is no "tip" and there is NO MAJIK! - Despite what you may read elsewhere! - There is ONLY CAPACITANCE - Simple, Down to earth (LOL) capacitance!
Advice:
Read a lot more about Theremin circuitry, Build a Th