Yup, my family has used concentricity guages since the 50's when I can remeber my father setting up a loading session.
They are really helpful when dealing with MILSURP ammo, my older brother took one to Bisley with him in '66 as a cadet, and used it on a regular basis when shooting Enfields.
My father built it for him , quite a simple rig really.
I use an RCBS these days, and it will not only check bullet runout, but case seperation, bullet length, rimfire case head thickness and a host of other things.
Cat