It occurs to me that a few facts, stated simply, may help those coming to terms with the common jig
1. No setting is critical but getting the rotation close to 180 degrees between edges is very desirable.
2. A lower drill projection from the jig results in greater backing off angle.
3. Greater backing off results in a greater chisel angle.
4. Greater chisel angle results in a longer chisel
5. A longer chisel results in more metal being removed by the chisel and less by the cutting edges.
6. More metal being removed by the chisel results in a greater force needed to drill the hole.
7. Conversely, item 2 typically. A greater projection from the jig results in a lower backing off angle.
8. Larger drills will need a larger projection.
9. The drill should be set in the jig with the cutting edge to be ground vertical.
10. After completing edge one the drill should be rotated 180 degrees as close as is possible. See note below.
The aim therefore is to get the chisel angle close to 130 degrees, though this is not critical. A small metal plate, scribed at 130 degrees to the edge, and held against the drills cutting edge will be more than adequate, perhaps also scribed at 120 and 140 degrees to set the limits.
Having adequately sharpened one drill, preferably a largish one, record the value that the drill was projecting from the jig. With a few drills sharpened and recorded, estimating the projection from the jig for intermediate sizes should be more than adequate.
I would suggest viewers visit my website pages on the subject of sharpening drills and where a simple device for accurately achieving the 180 degree rotation is illustrated.
Harold