why wouldn't you spin it with bearings on the shaft like when mounted in the sled? i have found is that the outside of the bearing will move and follow the wobble if the ends are out of true making it easy to see. if this was simply an offset then the v-blocks would work fine, but what i am seeing is a wobble, not an offset. a v-block sitting directly on the shaft will hide this. can you fixture it so the bearings are sitting in your v-blocks?
also, just to clarify....i am NOT talking about runout at the drivers while spinning the shaft with this thread. i think some are confusing it for that. the drivers are running plenty true on all the ones i have checked. I am talking about runout (wobble) on the outer edge of the splined drive end in relation to the the chaincase bearing in the factory location on the shaft. the reason this is so critical is because this will have a direct impact on your belt drive tension. in order to measure this runout with a dial indicator a sleeve or a collar needs to be put over the splines.