Very helpful, the ovality is around a thou on both journals and bush so its still a possible runner as is. The decider could be the surface on the TS main as it needs a polish, I'll see how it comes up.
A curve ball is that at some time in the past the drive main has spun and worn 10 thou into the face. Bearing fit is good, would need loctite but no play. Old bearing (just) needed an extractor so this looks like a historic problem. My plan is to put in another 10 thou shim then set the end float, and really wind up the drive nut.
Aside - it looks like someone took one sludge trap plug out, cleaned it and never realized there was a tube to remove as well as this was solid. So the tube was clean but under it was a solid mass of sludge, hard as rock. Had to chisel the tube out.