Thanks for all the feedback so far.
Ofreen, it’s fine for balancing, and I’m not sure what you have exactly, but mine is cheap Harbor freight. Even though it’s a pretty simple device, the cone spacers have some wiggle room on the shaft, and when you Tighten the set screws down, I believe that the set screws fudge it off on an angle slightly. To the point where I can’t trust the lateral sway if I’m truing. Now another thing that would be great about having the Shaft that matches the wheel, would be that after I setting up a wheel, I can put them back on the old rod/cone spacer setup and see if there’s any difference.