To date, I've used range rods with two indicators for dialing in a barrel. I've turned out a couple sub half moa rifles like this but I've always been troubled at the fact that I could never get the same reading twice when I would remove and reinstall a range rod. Also, if i put a long stem indicator up where the throat would be, they always would read off by 2-4 tenths. So, I tried a method that's an amalgamation of the reading I've done on what the benchrest guys do. I started with a range rod to get close, then put the tip of my indicator right where my adjustment screws are and dialed that in as closely as I could see. Then, I buried the indicator and used the spider to dial that section in. Then, I double checked the area where the throat would wind up and it was still running as true as I can read on a half thousandth indicator. Muzzle just happens to be turning as true as my eye can see, not that I would care. Here is a video:
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