Hi, well I'll not claim that my machines are exactly spot on as far as the head and spindle alignment goes, but I don't believe they are far enough out to be worried about. I did tram my Champion and mini mill up, using the same method as Zan, by using a brake disc, but I skimmed an old one up after removing the portion that fitted to the car. After skimming I did some tests to see if both sides were parallel to each other and to see if the thickness was consistent. My tests at the time showed a difference of about 0.0005" in just a small portion, which I accepted to be good enough. I've done a test to show how I decided upon the runout, which shows the result under two DTI's while rotating the disc through one complete turn. It might not be the most precise way, but the same result can be repeated time and again. The two DTI's are on the same radius and when they are both moved to an different identical radius, the DTI readouts are the same and in the same portion.
When I do any tramming with this, I usually rotate it on the table three or four times and recheck the results. I can't say that I've noticed anything really out to get worried about when I mill anything.
Regards Nick.