I followed the scope alignment bar discussion with great interest here recently. I decided to increase my looneyism a notch and ordered up a Wheeler Kit (1" + 30mm + lapping bars + torque wrench) for $85 from Cabelas. The first thing I wanted to do was check the alignment on my rings for my Ruger #1 as I had my doubts. Now this particular rifle has extension rings so I can get the scope close enough for proper eye relief.

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So I placed the 1" alignment bars with pointy tips facing each other. This didn't look too good.

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As most folks here were saying that it was better to have the cylinder ends facing each other, I tried it the other way around. This looks even worse and gives a better visualization of what's amiss.

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My question is: can this much misalignment be lapped out? If not, what's a better solution? Things are ok in the vertical plane and the alignment problem is pretty much in the horizontal plane.