Catman's article is excellent, but I respectfully disagree about Baerwald giving the lowest tracking error across the disc. If it did, then Stevenson, Loefgren and the Enjoy the Music guy wouldn't have developed their systems. The truth is that Baerwald null points are 66, 121 and Stevenson is 60, 117. That's hardly an earthshattering difference. But using Baerwald on an older vintage Japanese tt pushes the cartridge far forward and can make it difficult to align unless using a headshell with longer slots that sit farther forward.
The Technics overhang gauge is simply a shortcut for using a protractor with Technics own null points. Those null points produce the published specs: Arm length, overhang, offset angle. You keep the cartridge square with the headshell--that sets the offset angle. You set the stylus at 52mm--that sets the arm length/overhang. Once you use a different system, you are no longer using Technics null points, and so you scrap their specs and are creating your own. With Baerwald, the arm length and overhang will increase by about 4mm, and the offset angle will change (cartridge will be tilted).
If you have the adjustability room in the headshell, you can use any system you like. There is no absolute correct one. Your ears will be the judge. Catman likes Baerwald, but I know others who've tried it and were dissatisfied and when returning to the mfr's null points, preferred them.
I usually suggest using the manufacturer's null points, since it's easy, but they're not always readily available. For example, Marantz included a 45RPM adapter with markings on it to line up the stylus. But those adapters are long gone and so there's no way to know what Marantz's geometry was. In those cases I suggest Stevenson, because it appears to work better in older, shorter headshells which were used with most vintage Japanese turntables. You can swap to a Technics/Stanton/DJ headshell, which has longer slots, and use Baerwald, or anything else, if you like.