After reading everything posted here, I do have one observation. It seems that the priority is the rear wheel. It must first be correctly set in relation to it's hub via spoke adjustment. Just about every rear wheel I've worked on had the rim centered to it's hub. You certainly wouldn't want to intrude into the chain space and there doesn't seem to be much sense in pushing the rim further off the opposite direction. Next, the rear wheel needs to be 'square' to the bike itself. This can be accomplished a number of ways (as documented in this thread).
Once that is accomplished, you can then begin to assess how the front wheel sits in relation to the center line indicated by the center of the rear wheel. As stated earlier, this is mostly accomplished via spoke adjustment. Also insure correct spacers are used and positioned properly. Some of the copied quotes that exist in this thread were also responses to an earlier posting I entered on frame questions and a wobble I noted. Some time ago, I had trued the front rim on my K1 750, but didn't even consider where the rim should have set in relation to it's hub - I just centered it! Then came the wobbles! They only happened if I tried to ride 'hands-off', but disconcerting at any rate.
Another point - I'm surprised no one has mentioned the use of laser pointers. Straight edges and string are all fine-n-dandy, but when I reassemble the K1, I plan to try using a laser to 'dial in' my wheel alignments. Thoughts?