I saw a link to a laser tool for chain alignment on another forum recently. I thought it was a neat idea, but not worth the $180 they wanted for it. But it got me thinking, and today when I put new tires on the bike, I got out the cheap laser level I got a couple years ago. It has pins you press into the wall to hold it in place so you can mark the wall when hanging stuff. I wedged some old valve stem seals in place to hold the pins out, then set them in place up against the inside of the chain's side plates, then turned on the laser. A nice red laser line appeared running down the chain. I adjusted the tension on the chain, paying attention to the laser as I did. It is very sensitive to the adjusters, very accurate once you get the hang of placing it on the chain and holding it level, and a lot cheaper than $180. My next step will be to fabricate some type of adapter to make it easier to use.