I used to do aircraft rework on lathes with tolerances to +/- .00025". When doing a run of parts, as was usually the case, repeatability was necessary. Always used a DTI w/ Magnetic base locating on the tool holder to confirm cross slide, (Y), position. The wedge style QCTP, whether it be Aloris, Dorian, or KDK, repeated the best. We had all flavors of QCTP available to us. I would still do a touch off cut, measure, adjust, and cut to size. YMMV.