Yeah, just like Pinbuster said. Set it up and start with the thumbhole bit. Line it up, then switch to the larger bit so the thumb will be centered in the slug when you go to drill. Set the pitches THE SAME for the slug as you do for the thumbhole. That way if you ever need to replace it, it's a lot easier to keep track of. There's nothing I hate more than sticking a pitch gauge in a ball somebody brings in to reslug, and then when I THINK I have the right pitches and start drilling, then I have to do a whole ton of guesswork to eventually get the slug out cleanly, which rarely happens just cause people have to make it harder than it should be.
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Cocky? I'm not cocky. I'm the proud owner of a 280-742 set with a White Dot. So, who wants to touch me? . . . . . . . I SAID WHO WANTS TO F*#%!&G TOUCH ME?!?!
Man! I'm like the white Larry Bird!