Hey Groswald,
Nice build - looks like you're going to have a ball with it!
[*]Photo 10-12: My tool setter. Nifty! My implementation of the design offered by "erniebro" elsewhere in the woodworking machines forum. Lets you set an edge for X and Y and your Z height. You do have to install the "Blue" screen set for Mach3 as well as an update, but all of that is described in the thread.
A word of warning about this - I used the erniebro macro for some time and found that there were a couple of bugs in the original macro that could result in an intermittant problem that could send the tool down into your table unchecked! If you are going use it, please make sure you have a later version with the bugs corrected, which should be later on in that thread.
A better alternative is to use a completely different screen set. I used to use the blue set, but switched to Gerry G.'s 2010 Screenset and it was like getting a new machine! Much easier to use, much better screens that have well done macros for several types of edge setting, as well as supports tool changes so that you only have to set the Z zero point once, and can then do as many tools changes as needed without having to do it again. It costs $20, but its about the best $20 I spent on my CNC in some time. Just a thought.
"72.6 per cent of all statistics are made up on the spot." - Steven Wright