Wolf, I've never used a dial indicator to set the bearings. I've always done it like you...by feel. In 24years on mine I've never had a problem. I just replaced them last year, along with more than half the mechanical parts on the vehicle....just because it hadn't been done in years. Also, I've never had a rotor problem, runout or otherwise. I would always buy the factory ones. I doubt that they would be out of tolerance. Don't know anything about the Balo ones. I've only replaced mine once a couple years ago. I also installed all new hoses and rebuilt the calipers. I use the stock factory pads too.