mycarver, your process is pretty much the same as mine. I do try the dremel first usually, sometimes makes it very quick. Drill press scares the crap out of me usually.
Khay I think is correct. They were merely punched while hot. I've never bothered trying to shim a hole as the play can sometimes be helpful with the blade centering etc.. These aren't Swiss watches and a bit of play there doesn't bother a thing. Millions were made and seemed to survive just fine.