He didn't need the laser to line it up. He just has his fence set at the correct distance. He also uses 2 spacers to keep the canted holes and straight holes at the same height. You don't need a laser to do what he did. Just lower the press when it is turned off to meet your mark then lock your fences down. The bottom fence should then stay put until both rear axle holes are drilled. That is really the most important part. The side fence needs to move when you're flipping the block. It is only there to lock in the block so it doesn't migrate side to side while drilling into the block.
If you want to get it set so you don't have to move the bottom fence for canted and un-canted holes you need to make 2 different width spacers like the one he used in the video. That detail wasn't shown in John's video and looks like he used the same one for his back canted holes and his straight front holes. He actually uses 2 since the height changes when you have the bullet slanted on the pin or flat on the table.
If you want to get it set so you don't have to move the bottom fence for canted and un-canted holes you need to make 2 different width spacers like the one he used in the video. That detail wasn't shown in John's video and looks like he used the same one for his back canted holes and his straight front holes. He actually uses 2 since the height changes when you have the bullet slanted on the pin or flat on the table.