Agreed that the blade allignment is not an issue for mitre angle - but I'd qualify that by saying it IS an isse for a good mitre joint.
True! And any error is doubled when you offer the joint together, which is why I use a sled and cut one side of the mitre to the left of the blade and its mate to the right of the blade.
Provided the sled's included angle is 90 degrees, whether the cut angle is 45 or not doesn't matter.
Roy.