We do all of our alignments with laser equipment. The systems are expensive (about $15,000US). But they pay for themselves in time savings along. The last time I did a reverse indicator alignment, it took met over 2 hours. The same alignment with laser equipment would have taken perhaps 30 minutes. Time pays for the system, but you also get a better result. Better alignment means less vibration, less load on bearings, longer bearing and seal life. If lasers were not available, I would only consider RI for most applications. The only place I ever saw Rim and Face work well was for a very, very large grid coupling with a small coupling gap on a sleeve bearing motor. For that one it was the best option.