Originally Posted by Emoto
That is a really great trick and one that I have seen done when I worked in shops. It is most useful when one has different length bolts. If they are all the same it is of less value.
I prefer putting things like head bolts, manifold bolts, rod and main bearing bolts etc, back in the same holes they came out of. So even though they are all the same length, a bolt template like this comes in very handy, been using them for over 45 years now.