The conversion kits have to be cost effective for the seller and the buyer. What you said is about the fit on the hub is correct. Too much work for most people I would think.
The most important thing to make this work as is, is to change the instructions. Measure before machining.
I don't have an inside micrometer so I typically get by with dial calipers. My 8" calipers don't fit down in there so I could only barely contact the edge.
I could clearly see that the spec given was too small so I cut to 6.700 and was "planning" on taking small cuts to get to size. I was pissed when it dropped right in. I have another hub but I'm not wasting this part. I'm going to put some tack welds around it and re cut it. It's .030 too small.
I took more measurements and found the longer shoulder wheel studs will not center the rotor. The hub HAS to be cut to fit the rotor hat.
The other solution to at least center it if the hubs are cut too far is my setscrew idea. The only possible problem I see is it shearing off under heavy braking IF the rotor rotates on the wheel studs.
Here's a factory Toyota bolt I found in my stash that at least shows what I'm talking about.
Basically an M10x1.25 bolt with the tip turned down to .266" could screw in two opposite holes in the hub and center the rotor. Easy fix for anyone that has hubs turned too far. The clamping force from the lug nuts would "hopefully" keep them from shearing off. Wouldn't hurt anything if they did.
I don't know if there would be room to back them out from the rear once assembled.
I found that a 17/64" drill bit or an H drill bit is a snug fit in those two M8 holes in the rotor.
Here's another pic with it installed. It could even be a long setscrew with the end turned down.
UPDATING THIS ALIGNMENT SCREW IDEA:
I found another one of these screws in my Toyota bolt stash so I made two of these to try it out.
THIS DOESN'T WORK.
The two bolt circles are slightly different. You can't get both bolts in.