Richard,
The azimuth peg should be above the leg you point south. This is soley for balance issues, as that is where the counter balance will be when scope is parked. So setting up becomes more safer. It is easliy interchangable if it is not already over a leg, as most of the tripods are set up for northern hemisphere, not southerners.
Ensure your tripod is level first (small carpenters level is ideal), and the south leg is pointing true south. Graham's method is very acurate and easy (as long as the sun it out

)
The altitude scale on the mount is not that acurate, so an inclinmeter or protractor is worth purchasing.
For more acuracy, programs like Alignmaster are very helpful.
All this from a bloke who still stuggles to get his alignment spot on.
Clear skies
Rod
