Arvo,
I'll try to explain the best I can the procedure I use for preload. I like to have the wheel off of the bike and captured in a vice or in my Work Mate. The important part of this exercise is to have a take-up collar or spacer to substitute the space the swingarm and final drive takes when the wheel is on the bike. This collar can be purchased from Cycle Works or you can fabricate one, or use a 3/4" pipe at appropriate length. The important part about the collar is that the sides are as close to perpendicular as possible so equal force is applied to both bearings when the stack is torqued.
Clean new bearings and races, lightly oiled, no grease seals or top hats.
Assemble axle, and take-up collar, torque axle nut to 20 Ft-Lb. If using the string pull test - take readings and note your target in-oz of pull rate. If the preload is too high (stiff axle) you need to increase the width or thickness of your wedding band. If the preload is too light, you need to reduce the width or thickness of the wedding band. The wedding band is a simple spacer inside the stack of fixed spaced races and bearings. The outer races are not moving, they are captured and fixed inside the wheel hub. The rollers on the other hand are being adjusted (in width) to match the correct width of the outer races by the way of the wedding band. Do some mock-ups, experimentation to understand what's really going on. Do some trials with different torque loads on the axle nut in increments of 5 Ft-Lbs and notice the difference in axle rotation resistance. You are looking for the correct preload to diminish and stay constant beyond approximately 25 Ft-Lb of torque. Re-read Barry's post and even go to Snowbum's web site and study that too.
You are looking for a consistent preload amount with the axle nut torqued to ±25 to 30 Ft-Lb. NEVER exceed 35 Ft-Lb of torque on the axle nut. The axle should turn in your hands smoothly but with a slight amount of drag. But it should never wobble (loose) or move when grabbed and pushed and pulled alternately. (wiggle test)
When you have determined proper preload, clean your bearings and pack well with bearing grease, install top hats and new grease seals, torque to 30 Ft-Lbs.
That's the "general" explanation of my procedure...