Butch,
I think I am thinking beyond where you are assuming me to be. As I mentioned earlier I am still searching for my own "warm fuzzy" and I am just not there yet. I also have significant respect for your machining and gunsmithing skills and I am NOT challenging you personally, though I have NO mercy on ideas--yours, mine, or anyone else's. I am in fact much harder on my own ideas than I am anyone else's. So please don't confuse my critical look at ideas at as anything personal. There is much value in the continuous critical examination of ideas, both in theory and in actual application. But then what else would you expect from a trumpet playing competition shooter who used to fly USAF jets.............

The way I see it, the goal before chambering is to ensure the entire chamber area of the barrel bore is concentric with the spindle and stress free. If BOTH of those area's are not indicated in there is no way to know if the bore is aligned with the spindle for the entire length of the chamber. It is very possible for one part of the chamber bore to be perfect with zero runout while the other end of the chamber does have runout. If a chamber is cut with non-floating tooling under that scenario it will be oversize toward the the end with runout.
Now I have no doubt that the chambers you cut are very precise and true. I think this is how you get there. You indicate in the breech and muzzle with Deltronic pins. You do not indicate the throat yet. You have to drill first so indicator that you have shown me can reach the throat. Now your initial drilled hole will likely be larger in diameter the farther into the barrel you go because you have only indicated the breech end of the chamber and barrels are not straight, meaning here is likely some runout at the throat area. It may be an extremely small amount.
You get everything trued up after drilling by indicating the throat area and making sure the breech end is still true. At that point, the boring bar will correct any potential out-of-trueness in the drilled hole. Then when you ream you have a true-bored hole for the reamer to follow.
It seems to me it would be easier just to indicate in the breech and throat to make sure the entire chamber area is aligned with the spindle before doing any drilling, boring, or reaming. That is in fact why I have the Grizzly rods AND and an Interapid long reach indicator. Even though the Interapid is only .0005", when it says there is no movement, there is no movement. Also, a floating reamer holder seems to be less fussy as to barrel bore/spindle alignment, though I don't see it as an excuse to be sloppy with indicating.
A final thought. Just as a bushing must have a clearance to fit, so must a Deltronic pin--meaning with both methods there will be error caused by the required clearance. One does not need machine shop training to understand that. You will argue that the pin has less error than the bushing because the pin only needs clearance to fit, not clearance to fit AND spin as does the bushing. I have no issue with that, and that is what I have the Interapid long reach indicator.
Blaine