I bought this poor thing at the flea market for $10. It's American made so in its original condition it was worth about $350. It was pretty dinged up and it was out 0.003" from top to bottom. Tons of gouges and wear. The faces were not flat.
Unfortunately my surface grinder is nowhere near big enough to grind this plate.
I bought a smaller angle plate with the intention of trying to fix this plate myself. I really wasn't sure how it would really come out.
I dialed the faces in before I milled them.... I decided against a fly cutter because accuracy is paramount. I used a 3/4" endmill overlapping 0.5". This means that any possible tram deviation or head flex will be averaged over a smaller area rather than one huge ass cut. I took 0.003" off each face. The ends seem to be nearly perfect so far.
After I milled it I checked it in the setup and then I clamped it down on the table and indicated it with both the knee travel and spindle travel and both agreed I got it within 0.0005" of perpendicular. I'm extremely pleased. Now I have two sizes of plates too.
I watched the indicator as I loosened the clamps and the plate didn't move so I got this puppy dead flat on the bottom too. No twist or bow.