pilot2001 has a very nice simple runout gauge and I would highly recommend the one he has.
NOTE: More inaccurate ammunition is reloaded with excessive runout due to the decapping rod/expander button being locked down off center than any other reason.
Good dies reduce neck runout, and brass with unequal case wall thickness increases runout.
Having a good runout gauge will drive you nuts with improperly setup dies and bad brass. It will also tell you if your doing something wrong, the problem is figuring out what is causing the runout.
"Some" of the information below for many of you with standard factory made rifles "MAY" be overkill and time wasted, BUT every little bit helps. Also note that Accurateshooter.com has a ton of information about reloading and improving your rifles accuracy.
Complete Precision Case Prep
Preparing Cases for Long-Range Accuracy
http://www.accurateshooter.com/featured/complete-precision-case-prep/
How to Load More Concentric Ammo (pilot2001 runout gauge)
http://www.accurateshooter.com/technical-articles/reloading/how-to-load-more-concentric-ammo/
O-Rings on Dies May Reduce Run-Out
http://www.accurateshooter.com/technical-articles/reloading/o-rings-on-dies-may-reduce-run-out/
The Riflemans Journal below is also a good place for info.
Reloading: Seating Die Runout
Seating Die Induced Runout - A Comparison
http://riflemansjournal.########.com/2009/09/reloading-seating-die-runout.html
Basics: New Brass Preparation
http://http://riflemansjournal.########.com/2010/12/basics-new-brass-preparation.html