While the video production imo was quite well done, my reaction to the mechanics is it's a study in how not do things. Some of the infractions didn't seem to matter (sort of like the broken clock that is right twice a day), but still you can't rely on the results if the process is flawed. What I saw/thought......
1. you do not rely on the edge of the surface plate (unless you've got some very fancy, special surface plate). They are not flat or square to anything.
2. He didn't (that I noticed) prove the V blocks). Perhaps negligible as may have done so in the past.
3. You don't drag an indicator along a shaft, no way of knowing its tracking the exact top the shaft. Instead, put the indicator on a surface gauge and sweep the work at different points
4. Same with test the bar in the lathe; dragging along can introduce error - i.e if test is checking Z/Y, and Z/X is out, Z/Y might be perfect but the indicator will still be out as it follows the curve of the work because of Z/X being out. More simply stated, the indicator will only show zero if both planes are dead on, and of course you can't know that.
5. Where is the precision level? Without using it first you have no idea if you sensing spindle misalignment or bed twist. (Perhaps stretching a bit give its such a small lathe, and sure, I get it, guys with a mini lathe aren't likely going to have a 199....but that is only way to know if there is twist and hence what the indicator readings are telling you)
6. Using the taper means you cannot differentiate between spindle taper error and headstock misalignment.
7. The better way.....so long as the ground bar is straight and the same diameter, hold it however you like...3 Jaw is fine. do a sweep at the headstock. Rotate the bar 180 degrees. sweep again. Move to the end of the bar and repeat. By interpreting the four results you will know exactly the state of the headstock alignment. Rotate 90 degrees and do the same in the other plane.
8. If what you really want is to check the spindle taper, you have to do #7 first to eliminate HS alignment as an error, then use the tapered test bar
9. If the concern is the spindle taper (vs HS alignment), forget all this crap, put a bit of steel in the three jaw and turn a 60 degree point that is then perfectly aligned....like machinists do everywhere.
Here's the little reminder I keep in front of me when doing #7 - perfect alignment is when a=b
(btw Peter, why did you think this off topic?)