In our current convergence model all 6-.50cal are required to converge to 250 yards and crossing streams at that point.
Only in a theoretical sense... The guns themselves have a spray, they also sway the wing, the vibrations throw off every successive round, and a short burst from 1 gun can leave a wide circle on a shooting target.
There is no purpose to separate these 2 components in setting your guns.
You set the guns to land at the center of the gunsight. Period. You set them up and what's the point of the gunsight? Keep in mind the "arc" on most of these guns is very minimal, and can only be adjusted so much. It's not like car headlights that you just turn then retighten. The entire gun positioned in the wing, the nose, or the engine, has to be adjusted.
Changing vertical and horizontal to game the game so that you get "higher" deflection shots is just lame-as-heck. That's the ONLY purpose this could have. If you can't make shots like that already, don't set up those shots. Fly until you have a shot you can take THEN kill your target. Don't request silly things that defy common sense and common practice (or, should I request hand guns in the cockpit so that I can shoot out my window sideways to pilot wound another player while in a turn fight? You see how silly these requests can be?)