Is yours wood?  If metal, you can pimp it out with a Rockler Slip Knob

or a button nut,

slip on and 1 or two twists and its locked.  Did a review over at LJ... should bring across here.
Also a video (on the slip nuts),

I had side dowels... abandoned after the 1st build. 

One of my "female giftees" had the same issue as you about too many turns... so I cut the protruding threads off. Now she only has to turn about 4 times. 

If your first cut is too short... Take the second cut from the longer end... LBD