I've spent about half an hour trying to get the hub adjustment on an old Shimano Exage Sport hub correct, but there's this particular sort of play that never seems to go away. I've adjusted to the point that there is zero play along the axle's axis (Labeled A in the attached pic). However, the axle moves a tiny bit in the "B" direction when I pull from the rim. No amount of tinkering has solved the problem. Could it be a bent axle, maybe?
PS: I love Paint.