If it's in good shape and not worn out it is a very good indicator for small amounts of runout. It is NOT bi-directional reading. There's a lever to flip to change the direction it reads.
A brand new 711FSZ direct from Starrett is $174, looks like all you get for that is the indicator, clamp and a case which in the pic on their site has empty slots for some rods and other things.
From: "borpe2008@yahoo.com [SOUTHBENDLATHE]" <SOUTHBENDLATHE@yahoogroups.com>
To: SOUTHBENDLATHE@yahoogroups.com
Sent: Friday, August 5, 2016 6:36 PM
Subject: [SOUTHBENDLATHE] Starrett Last Word Dial Test Indicator ?
I suppose a Starrett Last Word Dial Test Indicator is appropriately fitting and retro for a South Bend lathe, but is it good value for money?Or, it is obsolete and overpriced?
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                                   Posted by: Gregg Eshelman <g_alan_e@yahoo.com>
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