Bob,
The features that I like about a dividing head are, the dividing plates which use a locating pin & no vernier scale, it's small size, quick setting of angles from 0* to 90*, & accuracy of the spindle runout. I also use dividing plates on my rotary table. Think about this Bob, since the dividing head is geared 40 to 1, 40 turns equals 360*. 1 turn must be 9*. If an 18 hole plate is being used, each hole must equal 1/2* or 30 minutes. If you wanted to measure in 1/4* increments (15 minutes), a 36 hole plate woud be needed. However, there is no 36 hole plate!! I made one out of aluminum with hardened steel inserts. My cylinder's OD is 1.325". The small OD with a an accuracy of 15 minutes made the cutting of port windows accurate & a piece of cake.
Jim Allen