Is what I do. And a nice bonus, they can also be used in the lathe. 5C collets go up to 1 1/8" IIRC, and are also available in square and hex, plus a bunch of other options as well. Edge finders are great, too, although I still have to keep reminding myself that it's .200", NOT .020"
. And for those times when good enough is, one of those Y shaped center finders are quick and easy. BTW, I got my collet set and blocks from CDCO, price was considerably less than anywhere else I found, and the shipping was very quick, I think they went out the next business day. Later.