I've run this through some rain now and it works great. I think I'll call it "Franken-Rain"...
There are two photos here showing the OS tipping bucket assy mounted on the NovaLynx base plate. I found an improvement for the screw that's in the little trough. The screw is now secured tightly to the base plate with a nut. Then I positioned a second nut on the screw level with the top of the trough -- the PCR800 rests on that nut now and a washer and third nut goes on top and can be tightened snugly without danger of breaking the PCR800 mounting leg.
There's one more optional tweak here now. The measured funnel opening on this NovaLynx gauge is about 6.55", but an 8" opening is required for the OS buckets to report 0.01" of rain per tip. Because of this the mod as described will nominally report 0.0149" of rain per tip.
A slight adjustment to the tipping angle results in 0.01" per tip. This is easy to do and easily reversible if you want to undo it. The only additional materials are two 5/16" stainless steel nuts (coarse or fine thread) and some silicone RTV sealant.
The distance across flats on these nuts is about 1/2" (closer to 0.490" in reality) and that's just the right amount to raise the edge of the bucket on each side. Just take a little silicone sealant and attach these nuts under the bucket lip on each side as shown in the photos. (Glue the nuts to the PCR800 base -- not to the bucket.) You can use many other types of adhesives too -- I used silicone because it is waterproof and comes off easily if I ever wanted to remove the mod.
Save the original OS PCR800 cover and NovaLynx tipping bucket assembly if you think you might want to return everything to stock some day.
The best thing about this mod is that when completed, it just looks like a stock NovaLynx gauge...but under the hood lurks the OS tipping bucket unit. It is a bit pricey, but some may find it worthwhile.