Great Question! IMO If it's really hard for you to find Akadama then yes experiment with other mixes.
Here's prob my favorite article on soil by Peter Tea which I believe will answer your question:
http://peterteabonsai.wordpress.com/2012/05/15/repotting-a-beast/
I use 100% pumice for my collected trees and this promotes good root growth. I don't know about mixing sphagnum moss in with your mix, seems a bit counter productive. Sphagnum is great to put on the soil surface-here's a fantastic article by Owen Reich on the subject:
http://yamadoriforsale.com/2012/12/08/mizu-goke-and-the-benefits-to-bonsai-by-owen-reich/
While others may disagree, I tend to try and follow/emanate what the top Bonsai nursery’s in Japan are currently doing. The main mixes I have seen, seem to be made up of the following ingredients- akadama, pumice, lava and river sand(basically just grit) in various ratios for most trees except azaleas.
Cool Post about River Sand:
http://bonsaitonight.com/?s=river+sand
So far i've been able to find akadama in California with no problems, but it may be different in Oregon. Go to any of the major shows in Nor Cal and you can find bags of akadama or Clay King(pre mixed high quality Akadama, pumice and lava). You should find out where Michael Haggedorn and Ryan Neil get their akadama.
Not sure if you learn from/take lessons with any of the Bonsai artists up there. But, it's been a large benefit for me to use the same soil as my teacher. That way, when discussing a trees health there is a foundation to start from and you can go from there.
Another benefit of Akadama:
-Quote from Peter Tea, "Akadama is an interesting soil because it evolves with the root system. At first, it holds only so much water, then as the tree grows more roots and the akadama starts to break down, it holds even more water for all the new roots."
For my trees in training/growing out-besides my trees that were recently collected i'm experimenting with a roughly a 60% pumice mix, 38% lava and 2% charcoal mix and have had very good results. I have experimented with turface and bark in the past and like the pumice/lava mix much better. I also plan to try using river sand(I’m using small graded crushed granite) in various amounts. I would use akadama in my mix for growing trees out, but it's just too expensive. I can purchase Lava, Pumice & crushed granite by the yard for very inexpensive.