Well I took the plunge and got a pair of Mr Stevenson's legendary blocks. These are accurately gound sections of hex or square bar now available with an ER25 fitting (the originals were ER32).
After the initial shock (they didn't come in cnc-lettered, velvet lined walnut cases), just carboard boxes, I'm rather taken by the little fellas.
I can see they are going to be a godsend for speeding up all sorts of simple indexing tasks, such as putting a square on the end of a rod or making hex nuts and screws. They could also be used for drilling handwheels etc.
One good point is that the corners of the hex and square are ground with small but apparently accurate flats. This means that (although the vertical distance will change) you can index through 8 or 12 angles.
One use could be as part of a grinding jig for shapening end mills etc.
For most uses simple stops that allow teh block to be rotated and replaced accurately will be needed, a milling vice with an end stop will suffice a lot of the time.
You have to fit your own closing nut, and of course I have just realised how useful it will be to have a nut especially for them so I can use cutters in my ER chuck at the same time!
A good way to add value to the set of ER collets many of us have already.
Don't tell John, he'll get over-excited 
Neil