Absolutely, yes... Assuming that every single block through that machine is fixtured and clamped properly. There's never a single block that someone clamped only at one end, and never a block that got set down in the fixture with a metal chip under it, lifting one end... A 60 thou piece of debris trapped under the nose of the block while the rear face is machined would produce rhis amount of error, right?
Yes, there's about 5 thou of end to end play. When I dialed the flange, I gave a bit of persuasion to the front end of the crank with a plastic mallet each time I turned the crank, to ensure that play is not in the measurements.