Re: Runout
The way I look at it, if the bullet is touching the riflings, then the front end of the bullet is concentric with the bore.
When the firing pin pushes the case forward, the tapered shoulder of the cartridge is stopped by the tapered shoulder of the chamber. This is like a tapered collet in a mill, and centers things very well. [If the shoulder got pushed back .001"]
If the neck were straight, uniform thickness and centered in the shoulder, then the rear of the bullet is concentric too.
Brass on the exterior comes out from fire forming very concentric. Then some reloader wrecks it.
The trouble is the necks get bent.
A) The worst is expander balls pulling -> .004"
Everything else is small potatoes:
B) Seater crooked -> .001"
C) neck thickness run out -> .001"
D) Neck bent in sizing -> .001"
E) Bullet will not spin balanced -> .001"
F) Expander balls pushing in a step separate from sizing process -> .001"
And those errors do not add linearly
http://en.wikipedia.org/wiki/Monte_Carlo_integration
That means they add very slowly as lots of cancelling out happens.
Measuring concentricity does not fix the problem.
But it can be used to help show where trouble enters the process.