Plasti-guage is simple. You take off the bearing cap, clean off the oil from the bearing and the journal , break of a length of plasti-guage and lay it across the journal. it should run across the face, not with the curve. then carefully replace the bearing cap, and torque it to spec. Then remove the bearing cap again (being careful not to let the crank rotate while all this is happening) and use the guage printed on the side of the paper packaging to measure how much the plasti-guage "squished". the wider it squished out, the tighter your tolerance.
you also want to varify that the "squish" is equal across the entire width of the journal. If not, that may indicate a tapered or otherwise unevenly worn journal.
Your specs vary a bit depending on which engine your working on.
I can't remember what you have. TR6?