Neil,
The price for Timken bearing seems a little high, and if you want high precision Taper Roller Bearing, then Timken is probably one of the best choices. There are a combination of comments I would make:
In terms of bearing terminology, I would remove the word 'needle' from Tapered 'needle' roller bearings. It would be correct to say 'Taper Roller Bearing', especially when asking a bearing dealer for a quote. The less you know, the higher the quote
. The more you know, the more reasonable the quote, before you check on the Internet for the price.
Next, it helps to know the bearings 'generic' number, before introducing the prefix or suffix for precision to this generic number. So again, if you just give the size, price could be higher then if you quote the generic number.
So, in your case, 40 x 68 x 19 or 22mm – so, generic taper roller bearing (TRB) numbers: 32008 if 19mm width or 33008 if 22mm width.
If Angular Contact Ball Bearing, then the generic Angular Contact Bearing (ACB) number for 40 x 68 x 15mm is 7008. You will notice that the width is narrower than TRB 32008 or 33008.
Chances are, you are comparing TRB 32008 with ACB 7008, because the width of the outer ring of 32008 is 14.5mm, even though the stack width is 19mm.
Precision/Accuracy:
A. What is your application – lathe or mill. How are the bearings fitted? Was there any contamination present during the fitting process?…for example I know of situations with lathe headstocks where the outer ring of a TRB has not seated correctly against the shoulder in the housing because there was dirt/swarf present in-between the outer ring and the shoulder.
B. Provided it isn't anything special, and most of the time it isn't with TRB, they have a suffix E sometimes, so lets say E32008, which suggests an extra roller has been fitted to the bearing, to handle extra load capacity. This should not really effect the accuracy for lathe/mill applications significantly in the hobby environment, other than reduction of maximum speed vs the ACBs. It is very rare for me to have come across a special requirement for TRBs. However, ACBs are a different story. Generally greater speeds are achieved vs the TRB to start with. Accuracy with ACBs depends on application and various suffixes after the bearing number, such as suffixed A, B, C. So, A = 30 Deg. contact angle of the balls to the inner and outer ring inside the raceway, B = 40 Deg., C = 15 Deg…so, the ACB 7008 with be stated as 7008 A, 7008 B, or 7008 C. Super Precision Match Pair ACB = GOLD have additional suffixes, and they are normally used in High Precision High Speed spindles. So, they would have a number with suffix similar to 7008 CD UP4, where C = contact angle, D = duplex, U = universal which means that the pair can be fitted back to back or face to face, P4 = High Precision.
So, all of the above factors can effect the price and the accuracy/precision you get, but there is no need for super precision ACB with most hobby lathes and mills, other then for personal satisfaction or requirements. For these reasons, I do not have a clear answer for your specific situation.
Ketan at ARC.