Just where the (.007) hump is. The truing mark after kissing off with the tool tip is right beside the 2 drilled divets.
Here are the specs I've disected from the searches here at "BHQ":
4.840" O.D. And don't cut the timing tabs off.
Turn the center hub up to the rivits, with a resulting O.D. of 2.800".
I can't claim to be an accomplished machinist but it's my own lathe in my basement (it's like a 12x52 or close) that I'm comfortable with. I only use carbide tips (ceramic if i have to). This was one of those things I didn't know enough about to feel comfortable and just do.
Maybe I can help here. Get yoursely a couple dozen of those wide wide gum-bands. Now wrap them anywhere that is not your cutting surface. It will reduce the harminics sometimes to a point where it is un-noticible. I've used the same techince on other drums with good success. What the hell, it looks good on paper.
Thanks