I have the Feickert. It's a nice machine.
However, setting the pivot to spindle is not so easy on my Technics 1200 GAE. It's kind of tricky to get the thing to hit and stay on the very dead center.
Interestingly, if I ditch the Feickert and just use Technics overhang gauge (that cute little guy they give you with their tables), and then I use a basic paper protractor from Hi Fi News & Record Review setup disc, things sounds just as good.
So MillerCarbon may have a point--at least to me. :)