I filed the hole in my stereo test record. I improved the runout a bit. According to the iPhone app, I now have the raw Wow down to +/-0.16%. The filtered didn't change, -0.01%/+0.02%. The total spread within the published specs for my tt. With a little more filing of the center hole and more work/patient effort to center the record on the platter, I could improve the raw values even more. I have a feeling that I will be bringing a dial indicator home from the machine shop at work to measure record runout with extreme precision. I will likely be filing the holes on my records now to perfectly center them. My neurosis is ratcheting up a level, I think.
Anyway, this app is nice, you can play the test records 3150Hz track at 45rpm and this app will detect the higher frequency and tracks the speed at 45rpm automatically. I must agree having seen it live with this app. Having the motor via a belt separate from the floating chassis/platter is a deficit. The slightest vibration/movement of the floating chassis causes a speed error. It is a small error, but still there.