One other thing I can think of. What alloy are you cutting on? I ran into some that was annealed (I think anyway) and it was gummy and didn't finish well at all.
6061-T6. BTW - was able to get in the shop this morning before I hit the road. Spindle taper runout was no more than .0002". I still need to take more readings with the spindle at operating temp.
Tom S.