The valve is a normal piston valve. The piston itself is made from a 3/16" threaded bolt, some washers, and nitrile sheeting, (1/8"). The exhaust valve is a 1/4" Q.E.V., which is triggered by a blowgun valve. The launcher is filled through a male auto coupling, which is shut-off by a ball valve. There is also a safety ball-valve to prevent accidental firings, after I almost put a piece of chocolate through my face with my sprinkler-valve cannon.

Here's some pictures.
And finally, destroying another perfectly good book:
Anyways, that's all I got right now. Tell me what you think.