RE: True or False?
I'll have to go with CBM & say false, just from my experience. I had to go about an 1/8 to the right of where my NAP QT 3000 was set and I lowered my nocking point to 90 degrees.
I installed a TKO on my LX and in about 25 minutes had it set up & shooting well. A person would think that setting up a drop away would be pretty complicated and that sticking a WB on in place of a fixed rest should be a piece of cake. However, I spent a total of about 6 hours trying to get the WB to perform up to expectations.
I'd say forget the paper for now, shoot and make adjustments until your arrows are hitting the same vertical line and then the same horizontal line and then adjust your sight accordingly. Then check the paper tune & you should be close. I went through the exact same thing you are when setting mine up and this is how I finally got rid of my headache.