I think you misunderstand Oldiron…Using a boring HEAD in the tailstock is very convenient. You adjust the cut by means of the micrometer adjustment on the head itself – no need to mess with Allen keys.
Tim, I use that method often, especially when boring a number of inners to the same size – rough with boring bar close to size, and then finish with the tailstock/boring head – However, not when better than 0.01mm fit is required!
Also, I set the cutter so that it is horizontal, same as would be with a boring bar in the toolpost. I find that the accuracy is better that way – tailstock is pulled down, which seems less movement on my lathe that sideways. However, good accuracy is hard to achieve as there will always be play in the barrel to body fit.
Joe