Haven't yet seen the video to which the link was provided.
Semi-random thoughts, hints & tips…
If there is enough wear to make an appreciable difference to the freedom of movement of a slideway, along its length of travel, once it's adjusted optimally, the machine really needs attention, eg scraping the ways. (Big subject – plenty on the 'net, including videos.) Of course, this makes adjustment impossible, except for over a limited length of travel.
Lubricate the ways with slideway oil before you begin. This special oil minimizes the 'stick-slip' phenomenon. It makes a big difference to properly adjusted slideways. People who claim otherwise are misled. If the slide is badly adjusted, and too loose, anything vaguely oily would appear to be OK. The aim is to get the adjustment as tight as possible, whilst allowing free movement.
The freedom of movement to be aimed for can't easily be judged by twiddling handwheels. It's best to remove the feedscrew, then push and pull the table, saddle, whatever, and slightly slacken the adjusters from gently bound to smooth movement. On a Senior-sized machine, with chunky feedscrews, you could aim for a force of a couple of pounds (or more) required to move the sliding member. It's a matter of adjust, test, adjust, test, rinse and repeat.
When replacing the feedscrew, screw it in as far as it can go, so that its nut is as close to the screw's mounting plate as possible. Bring the sliding member back towards the mounting plate, then tighten the mounting plate screws, whilst being sensitive to the position of the screw – the aim is for it to be central in its range of lateral wobble. (Does this make sense?)
The vertical knee is much the same, although judging freedom of movement is made difficult by the considerable weight. Suggest adjusting it before mounting the saddle. Or arrange a counterweight (improvise!).
You can use indicators, but you'll drive yourself crazy trying to get consistent results, when you're getting below a thou. The oil film is one problem.