Hartonr,
Without the grommet or a means to perfectly fit the protractor around the spindle, your SME-supplied protractor will not be very accurate. If you have the spindle to pivot distance accurately measured, I think that the Mint protractor mentioned above by others is the best way to go. They will make a protractor for that specific distance and with the correct diameter for the spindle hole for your turntable (spindle sizes vary by a significant amount (up to 2mm in diameter). What I really like about the Mint is that the mirrored surface is designed so that the lines come into sharp focus (no double images of the lines) only when you have moved your head into the correct position to correctly view the cantilever alignment to the markings. This correct head positioning IS critical to a super accurate measurement. Also, because the protractor is made specifically for your spindle to pivot distance, the placement of the null points is such that you do not have to iteratively move the protractor. It is the easiest thing to use and VERY accurate.
Without the grommet or a means to perfectly fit the protractor around the spindle, your SME-supplied protractor will not be very accurate. If you have the spindle to pivot distance accurately measured, I think that the Mint protractor mentioned above by others is the best way to go. They will make a protractor for that specific distance and with the correct diameter for the spindle hole for your turntable (spindle sizes vary by a significant amount (up to 2mm in diameter). What I really like about the Mint is that the mirrored surface is designed so that the lines come into sharp focus (no double images of the lines) only when you have moved your head into the correct position to correctly view the cantilever alignment to the markings. This correct head positioning IS critical to a super accurate measurement. Also, because the protractor is made specifically for your spindle to pivot distance, the placement of the null points is such that you do not have to iteratively move the protractor. It is the easiest thing to use and VERY accurate.