I find that simply pulling, or pushing, the vice so that one side of the mounting slots are hard up against the mounting studs before final tightening puts the jaws repeatably close to parallel with the table slots. Once the technique is established error is within maybe ± 1 thou over 4". My results are usually better.
However I drive a Bridgeport so generally don't have the limited Z-axis travel issues inherent to smaller machines and can leave my vices on their swivel bases. So final alignment when things have to be right right is pretty easy.
It seems to me that the idea could be regularised for a fixed base vice by accurate opening out the mounting slots relative to the vice jaw alignment sufficiently to take what might be called T washers drilled to fit the studs and made a snug fit in the re-machined slots. Simple round spigots should work well enough but I trimmed the sides straight for more engagement when doing a similar exercise on a Nippy drilling vice long enough ago that I've completely forgotten why the job was done in the first place. If you do make the sides of the T washers squared off perhaps making them longer so they drop into the table slots like poor boys key would be advantageous.
Personally I'm not great lover of keyed vices. If the key is tight enough in the Tee slot to be properly accurate moving or removing the vice can be something of battle. On older, ex industrial, machines the Tee slots are frequently uneven due to damage, anno domini, careless use and, sometimes, abuse. On smaller, affordable, hobby class machinery the slots are frequently not sufficiently accurately made for precise key. Just another one of the many compromises where the difference between "works well enough" and "super duper job" is more than the customer can afford. Either way it won't be possible to accurately mount, or maybe even fit, a vice with a long key at any random position on the table. Which rather defeats the object. Only need enough contact for accurate positioning, the studs and nuts do all the holding, so the long key often advocated seems over engineering at its worst.
Clive.
Edited By Clive Foster on 30/05/2018 17:57:10