Just for fun: I mounted the Insize Coacial Indicator not in a 10mm collet directly in spindle as usual, but mounted the Boring Head 1st, then the Coacial indicator in the boring head itself intended to be as one MT4 swop in spidle rather than two operations.
1-Mount MT4 Boring head in spindle.
2-Make 2mm sleeve and mount 10mm Coacial INdicator in 12mm bore Vertex Boring Head.
3-I never switch on or run the mill motor, just use my hands to turn.
4-I now adjust the boring head outwards for this case to make the indicator read and tention in the larger hole clamped in vice(Just for inllustration.
5-I now chose X & Y axis and turmn table till both are zeroed, it was quick and easy to my surprise, locked table recheck.
6-The spindle is not positioned over the centre of the hole.
7-Now normally the Coaxcial Indicator mounted in the spoindle move only Up & Down as it convert the out of centerness to usefull display on indicator.
8-Now in this case the Coaxcial Indicater is off centre itself, and apart from the legit Up & Down movements as expected, it also moves hoizontall as one would not have expected, but this movement does not effect its function.
I found this interesting regarding the operation of the Coaxial Indicator design and as it is uneffected by other movements other than those surfaces the design relies on.
See both pictures: