LP's: the measure of off-centre record spindle holes ?

Yes. The consensus is runout should be zero.

Also if its not some will hear it, some will not.

Also some will complain regardless of whether they hear it or not.

Yet another consensus, some will complain while simultaneously clearly saying they don’t hear a difference and don’t really care- while at the same time writing pages complaining about what they claim not to care about.

But my favorite of all is once something like this gets going the consensus is it will go on and on forever, yet never really going anywhere, because everyone knows all along the answer is zero, yet cannot stop themselves opining.

Proved my own point. So there.

It only bothers me when I actually hear wow. For my ears, piano and violin sections are particularly sensitive to what wow does -- cause a regular, cyclical alteration of pitches.  Hate it!  I might say, too, that I have some 45 singles where the center hole is so off-center it's as if Beetlejuice is gleefully slowing down the turntable with his thumb. It's one of the things that put me at the edge of my seat waiting for Compact Discs to come on the market.

thanks edcny and millercarbon for your answers. Yes, the mighty piano tells you all's good, or not, on a number of levels. 

Millercarbon, I like the cut of your jib. Zero, is the answer, of course. And so it turns out for 50% of my quick sampling this evening. You proved your own point. Inspired by that, I'll begin to answer my own question. But I won't do this little research again.

Of the 19 quickly plucked favourites lying near my record player, listed below, ten have zero “swing”, 7 around 1mm, a couple around 1.5mm and one delivered just today, 2.5 - 3mm, an otherwise barely played first UK 1977 pressing of the Steely Dan’s, Aja. Max Townshend refers to these as swingers ! And so they are. 

You’d hope an ECM Germany pressing from the mid seventies, and Bach on Telefunken from 1968 would be zero, and so mine seem to be, and a Japanese Stevie pressing from the early 80’s is zero too. Yet that rather wonderful Ellington 1950 record from AP / QRP is 1mm out.  I returned to their Ohio office from London a pressing of “Something Else” at 45RPM when to my dismay I found it swung  2.5 - 3mm.  I’ve lost count of how many records I’ve declined that swung more than 1mm.

So I confess I hadn’t noticed the 1mm swing on the Ellington - but there’s fantastic music making on that LP that may cover the effects of the 1mm swing. Solo piano would be another matter.

Masterpieces by Ellington, 1950, 2014 USA pressing for analog productions, QRP, 1 mm

Beethoven PC No. 5, George Szell, London Philharmonic Orchestra, Decca FFRR 1950s,1 mm

Beethoven Pf sonatas, Clara Haskill, Epic Stereorama, USA, 1962, zero

Bach Cantatas, Telefunken, 1968, zero

Sun Ra, Sound of Joy, 1957, UK pressing, 1968, 1.5 mm

The Beatles, White Album, early 80s UK pressing, zero.

Earth Wind and Fire, Head to the Sky, late 70s-80s US pressing, CBS, zero

Lou Reed, rock ‘n’ roll animal, late 70s-80s US pressing, RCA, zero

Keith Jarrett, Koln Concert, 1975, ECM, zero

Pat Metheny, Bright Size Life, 1975, ECM, zero

Emil Gilels, Live Prague Spring Music Festival, 1973, Supraphon, 1 mm

McCoy Tyner, Nights of Ballads and Blues, 1980s US pressing, 1 mm

Stevie Wonder, Songs in the Key of Life, Japanese pressing, early 80s, zero

Art Pepper, Friday Night at the Village Vanguard, Contemporary Records, LA, 1980, zero

Art Pepper live at Ronnie Scott’s; Blues for the Fisherman, 1980, Mole Jazz London, 1 mm

Steely Dan, Aja, UK pressing 1977 2 1/2 to 3 mm

Miles Davis, Kind of Blue, 2010 US CBS pressing, zero

Miles Davis, In a Silent Way, MoFi, 2010’s, USA, 1 mm

Mozart’s Last Three Symphonies, Harnoncourt, Sony Europe, 2016, 1 mm

End (!)

If this is driving you nuts, seek out one of the Nakamichi turntables that can correct for off-centeredness; I think there were two models with that feature, now very rare and never since duplicated by another manufacturer, for some strange reason.