Heres how I do it to make sure the wheel is absolutely centered:
1) with the car up in the air, put the wheel on<BR>
2) spin the wheel slowly while putting the lugs on - put one on, turn it a few turns, then the next, keep doing this until the wheel has seated and all the lugs are hand tight
2) torque the wheels to 30lbs in a star pattern - do this 3 times
3) torque to 60lbs, 3 times
4) torque to 90lbs, also 3 times
5) torque to 100lbs, 3 times
the repetition here will eliminate any false readings. Also, make sure you lube the studs and the seating portion of the lugnuts with some moly lube
(I know, I'm too anal with this, but hey, it works)