True, the scope and bore axis need not be plumb.
Absolutely agreed.
Not only that, they don't even need to be close. You could mount your scope canted 30 degrees to the right in the rings. The two biggest drawbacks would be that it would look pretty stupid, and that in many cases it would be pretty awkward to shoot the rifle well (while shooting, in order to
keep the crosshairs level on the target, you'd have to can the rifle 30 degrees to the left).
BUT
The crosshairs MUST be plumb to gravity otherwise your elevation/windage adjustments will not be a true 1/4 MoA (or 0.1 Mil). In addition, the elevation adjustment will put your windage off and Vise-Versa. Hopefully that is clear as mud.
To elaborate on your statement,
The crosshairs MUST be plumb to gravity when you are shooting. It doesn't matter how plumb they are/are-not as they are installed on the rifle.
Regarding
adjustments will not be a true 1/4 MoA (or 0.1 Mil)., that's ends up being little to no problem. A 10-degree cant (very, very visible) will turn a 1-MOA windage adjustment on your scope into an actual sideways adjustment of 0.985 MOA - which would be utterly indistinguishable. To go to extremes, a 30-degree can would turn a 1-MOA windage adjustment into an actual sideways movement of 0.87 MOA - which in most cases would be difficult for a shooter to detect.
The problem that canting causes for long range shooting is that when you have a large amount of elevation adjustment dialled onto your sight (as you do when shooting at long range), a cant will produce significant sideways offsets due to the sight's elevation becoming cross-coupled to the windage. There is also an equivalent cross-coupling effect from windage to elevation, but since we typically have much smaller windage adjustments than elevation offsets, this is usually not noticeable.
Let's say I am shooting at 1000 yards, and in order to do this I have put 32 MOA of 'up' on my scope.
Let's say we have enough wind is blowing that I need to put 5 minutes of left windage on my scope. So I put 5 MOA 'left' on my scope's windage adjustment.
If I aim the rifle with the scope held level, I'll hit where I am aiming. So far so good.
Now let's say I cant the rifle 5 degrees to the right (which is a modest, but definitely-noticeable cant if you are firing in a uniform place such as a rifle range). The Sine of 5 degrees is 0.087, therefore we get a cross-coupling of 0.087 (the sine of 5 degrees).
That means that the 0.087 of rifle's 32-MOA elevation adjustment gets fed (cross-coupled) into the horizontal offset of where the rifle's barrel is actually aiming.
It also means that 0.087 of the rifle's 5-MOA windage adjustement gets fed (cross-coupled) into the vertical offset of where the rifle's barrel is actually aiming.
Here are the numbers:
windage effect = 0.087 * 32 =
2.8 MOA of windage offset.
elevation effect = 0.087 * 5 =
0.4 MOA of elevation offset.
Having just fired a bullseye at 1000 yards with the rifle held level, you'll now see your bullet land 2.8MOA to the right (i.e. in the direction of your cant). In most cases this will be pretty noticeable (even worse is if you don't notice it, and interpret what you see on the target as there having been a 2-3 MOA wind change that you haven't seen)
Your bullet will also strike 0.4 MOA lower than where it would have if you had fired the rifle with the sight held level, however in most cases you probably won't be able to notice this (in most cases if you are shooting a 1 MOA group at 1000y you are shooting well enough to win the match).