Well, until I come across a tool, simple or not, that can give me accurate results, I guess I'll just keep doing it the way I've always done it. I don't really find it that difficult to do without a tool.Lol. It's not a fancy tool at all but it's way more accurate than what you are doing. I used to check geometry just as your doing but i checked it with the cam installed, lifters in place, using the correct length pushrods and valve springs. I would color the valve tip, roll the motor over then check the wear pattern, just as Chris described. It still isn't as accurate as t&d's stand height tool. My pattern looked good but stand height was off. I use the tool religiously now.
The important thing is, where's the rocker tip at mid-lift.