Probably 20 years ago, a tech where I worked managed to purchase a centering scope - an inexpensive one. It was my first exposure to such a thing. It was tedious to use - on a knee mill you were bent out of position to get your eye anywhere near the eyepiece - and you could *almost* see through it. In short, I think it was fairly useless. The design for sale on eBay looks like it might be superior, but I've never seen one in real life. That **was** a long time ago, but I suspect that there's not much good to be had for less than "a lot" of money.
GsT