Snag:
You are correct that the edge grain should be verticle when taking a spine reading, however your reason for doing it that way is wrong. The position of the grain is part of the spine standard and is the way shaft manufactures should spine their shafts. That way the consumers will know what the spine of that shaft is when the nock is placed correctly on the shaft and they are purchasing spined shafting. Back in the early days when a bowhunter purchased shafts by the dozen or 100 the archery shop would have spined all the shafts before sale and grouped them by deflection or bow weight. You did not have to worry about the spine being different if you oriented the nock to the spine standard.
It is true that some shafts will spine differently as the grain orientation is changed on the tester, however those instances are usually not common. In my exprience its extremely rare for the spine to increase when the orientation is changed from verticle to horizontal, it usally goes down in spine.
Bob