I have played with it a lot! I find that good quality dies properly set up will produce little to no run out. I use Redding comp dies and get 0.000"-0.001" with ease and my press is getting some age on it. I have also found that if I can see any wobble in the loaded round when rolled on a flat surface then I need to troubleshoot the problem and run out is getting over 0.002". I can consistently see 0.003" or more on larger rounds especially if you have a high contrast background. Here are some tips to help:
-remove the slop in the threads of the die/press by either lifting up on the die when you tighten the lock ring or use a thin o-ring under the lock ring
-remove the spring from the shell holder on the ram, this allows the sell holder to float and find center if need be (I put a small hair elastic around my shell holder/ram to keep it from falling out
-keep your shell holder clean as a lot of residue can build up from decapping
-keep your press cleaned and lubed this will reduce the wear on the ram and pivot pins
-run out is not always in the bullet seating process, it can also come from a bent decapping rod/expander ball (another good reason to run a bushing die), press that is misaligned, and even a chamber cut off center. So proper troubleshooting is important to get rid of run out if it is found.