I use this method.
I use an elevated arrow rest on a recurve and have found that I can get an arrow with the "fletch" cut off leaving only the quill, the fletched arrow, and a BH tipped arrow all hitting in a very close proximity, the set up is as tuned as I can shoot it.
One dynamic that happens, I have found I simply cannot get as forgiving a set up with arrows cut too short. I like at least, on most set ups, it depends on the arrow and point weight, 1.5 to 2.5" in front of the contact point on the shelf or rest.
For a "quickie" tune, if you can get fletched and BH tipped arrows to hit together, you are pretty much there. Most archers shooting off the shelf shoot way too low of a nock point setting from my experience. I have found my nock point setting really does not change that much from bow to bow as long as the bow is in tiller.