Yes I can and will change that.

http://www.youtube.com/watch?v=O4o6t...=youtube_gdata

Putting the DTI where I did to start with is a bit pointless, but using it to test the runout revealed the runout is 0.06mm measured about 10mm from the chuck, which is poor. It increases linearly with distance too ... so the cutter is held at an angle to the axis of rotation. I measured inside the spindle bore too, and it's the same.