| I have a magnesium Marchesini on my bike. The tapered/conical spacer fits into the tapered/conical receptacle in the wheel - however the spacer does protude approx 5mm from the surface of the wheel "boss".
The visible part of the spacer is "parallel" (not tapered/conical).
I believe on a standard 3 spoke wheel, the parallel part of the spacer is not visible?
Mine's been like this for 6 years on my 748 and 1 year on my SPS...
"They all do that sir"..nothing to worry about if this is the situation on your bike.
R X | 
Hybrid Mode
