aka Brian,
I don't know how much time you've had using micrometers or vernier dial/digital calipers, but you know that measuring round surfaces such as a .495" ball is not that easy! It is difficult to insure that you have truly measured the widest part of the sphere every time, and lets face it.........005" isn't that much deviation.
I would suggest a different setup to measure the ball diameter......such as a dial indicator mounted to a height gauge, sitting on a surface plate (ground, precision flat surface). Now, by sweeping the dial indicator tip across the ball that is sitting on the surface plate you can actually see the needle rise and fall as you sweep it over the arc of the ball. Now I realize most people don't have this sort of equipment, but if you can persuade someone at your machine shop to do this for you it should give you a much more accurate means of determining their actual size.
Jim