[decooney]

Denny / all, step1 complete....

Well, the results are in after 3.5 hours of repeated measurements and reverification by myself and then again by an aerospace product machinist:

Lakewood FE Bellhousing, Test Indicator Results:
Side-to-Side: off center by .015
Top-to-Bottom: off center by .021

My Lakewood bellhousing is an unacceptable product. I can't believe companies get away with manufacturing this type of junk. Punching holes vs. boring holes is definitely not going to save Lakewood money when considering future lost sales. I just talked with David Kee today, and he said there was another customer with one that was even worse than mine, .050 off and it cost the guy a brand new 4-speed Toploader because of it - granaded after short term usage...

Beware, if you are reading this and just bought a new Lakewood bellhousing for your FE, verify and fix the bellhousing runout before you install the motor in your car. Don't risk it.

Thanks to everyone that replied.