Kevian,
Since you are thinking of making your adjusting bolts and nuts, for a finer adjustment, you could make them 1/8 BSP.
These are 28 tpi, (0.907 mm pitch)with an OD of 0.383 (nearly 10 mm) and a core of 0.337 (8.55 mm) they will be more than strong enough to support a hobby lathe such as a Myford 7 or a Boxford. (A mini lathe might need the holes in the feet opening up)
With a 1/10 turn changing the height of that foot by 0.09 mm, (0.0036″) which should be sufficiently delicate, with careful adjustment, for removing twist
Howard