Having noticed a tapping hole I drilled for an M5 thread on my Myford ML7 was a bit oversize when I ran the tap down it, I remembered the tail stock alignment article by Pete Barker.
I followed Pete's instructions and cut a test bar between centres and measured the bar each each end. It took me seven goes but I finally recorded an error of 0.000,05" on my Kennedy micrometer which is the limit of its accuracy. Feeling well chuffed with myself, thank you Pete!
I probably could have got pretty close with fewer cuts if I had been more observant and noticed that one of my cuts was too shallow and did not cut the full length of the bar thus giving me a false reading. So not that smart after all…
Graham S