(Would do this one first)Headstock alignment involves chucking a length of bar unsupported and taking a light longditudinal cut near the jaws and then using the same setting (keeping backlash in mind) take a second cut 8-12" away*, farther down the length of the bed. Then "miking" these 2 cut diameters they should be reading exactly the same (or near, not sure what a realistic tolerance for that brand of machine to hold is?) (*what ever distance you can manage with out inducing chatter - can't comment on the rigidity of the grizzly - however the more span the better for accuracy) Should these 2 measurements be significantly different the headstock will need to be minutely rotated so as it no longer turns tapers & the spindle axis/carriage movement are back in parallelism again. Another alternative is grip a length of a ground test bar and dial indicate along it from your carriage/tool post whilst traversing. (Would do this after the your headstock alignment is proven) Tailstock alignment involves turning a piece of bar "between centres" with a freshly cut centre in your chuck/headstock (and don't take it out until alignment is correct) and a high quality live centre in your tail stock. the piece of bar will need to be "driven" by a drive dog at the chuck end. Take 2 cut's wide apart as per the first method and check for differences of measurement between. Ideally they will "mike" exactly the same, if not it is turning tapers and the tailstock will need to be shifted minutely one way or the other perpendicular to the spindle axis. When correcting a tailstock, would be smart to have an indicator set against it on the bedway - so as you can accurately gauge just how far your moving it and should be able to calculate the ideal location. Good luck with it mate