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When I was in the USAF, we had a cartoon under the glass on our operations counter-
"Measure it with a micrometer. Mark it with a paintbrush. Cut it with an axe."
I can see using some type of mark to start with, but the learning curve with paper wheels is so short, that you'll get the hang of it quickly. Just how steady and accurate can you hold a blade anyway? Steady and accurate enough (with a little experience) is the answer.
He is a set up I made about 4 years ago. I have since added the laser. The guard over the belt has the degrees marked for the laser. Just rotate the laser to what angle you want. It takes seconds. You can adjust the speed by the pulley sizes you install.
Ron
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Looks like mine... It's a Black and Decker BDL220S
Point the laser down and turn it 90 degrees.... it's now a line running across. ( If it's not against a wall it goes both ways).