Has anyone tried ultrasonic sensors (~USD $2 ) for alignment and bed-leveling?
They are in-expensive vs induction sensors and not as susceptible to temp changes.
Found this video: https://www.youtube.com/watch?v=AqH1JGO3n9Q accurate to 2.15 micron for proximity and 25 micron (0.025 mm) for distance
Techniques like visual alignment discussed below are used in PCB assembly by pick and place machines.