Excellent protractors can be had for free and up to big $$$. If you have multiple tonearms/turntables and swap out cartridges regularly, then it make sense to invest in a universal protractor like the Feicket. If you have one tonearm and one cartridge, a custom protractor like the MintLP would suffice and give you an accurate alignment. You can also go on the Conrad Hoffman website and print off a custom protractor free of charge. There are a lot of excellent options based on one's budget, system requirements, and desire to obsess over details.