Another trick if you are using HSS, or if you are very careful using
*carbide is to use a precision dowel pin, gage pin, shank of an end mill, 123 block, gage block, etc. Start with your cutter slightly less than your precision dimension fromt he stock, and slowly move it until your gage just slides between. This is "maybe" more accurate than paper, but I treat it the same since the preload of the lead screws is in the opposite direction.
I prefer an edge finder, a tool height setter, and pre-measured tool heights, but you never know what kind of situation you may find yourself in.
- If using a sharp carbide cutter you have to take a lot of care to make sure you do not chip a cutting edge using the slip gage method. Bob La Londe
-----------------------------------
Good advice.
I use the items you mentioned and drill shanks as spacers to set the lathe and mill stops for depth of cut when the tool contacts the original surface if caliper jaws won't fit. Like hobby machines, my 1960's antiques don't have DROs.