I have fitted a pinhole over a 1/4" hole drilled in the center of a sm body cap, then screwed in to a sm to m adapter. Have not done much with it, but used it on a IIIf, and M8.
The M8 seemed to give better results, plus the instant results helps in the trial and error thing.
I used .002" brass shim stock, 400 wet or dry sand paper, and checked it with a microscope, or perhaps you can use a lens backwards to look for burrs that need to be polished with the needle with which you drilled the hole.
I believe Eric Renerts (sorry I did not check the spelling, leaving you to Google), is probably the leading author today.
Quite normally, folks use much larger formats as many pinhole images lose too much when enlarged. I have some from Prague and it was a strain to get a 3x5 print. Exposure of 30 seconds seemed to work with ISO 400.
Eric is quite nice, and very generous with advice, and his books are probably available in your local library. As I recall it was "Pinhole Photography, rediscovering an ancient technique", or there about.
I had some ortho 35mm film, and we made some interesting images using a Kodak 35mm film can, the image extends around almost to the very edge of the pinhole.
Anything with a lot of reflection inside can be sprayed with flat black paint.
Lots of old (look for a cheap lost cause) camera can work well, especially with a bellows, or a really tired Graphic? -- you can unscrew the glass and retain the shutter -- your imagination can carry you a long way.
I had not heard the paper trick, I wondered about using a lens and pinhole, I think it was more common at one time. Light passing through the very center of a lens should not be bent, but it will spread out quickly after passing the pinhole, it might be interesting to put a pinhole behind a lens?
Regards, John