I'm very surprised you say that Paul!
Marking out eight holes would be a poor way of doing it
Using the gear tooth method, the pitch is dead on, your method is possible but prone to errors
Supposing the hub was 2" dia. = 2 pie circ divided by 8 = 0.786"
imagine pitching out 0,786"……8 times…..You would get a creeping error in no time
You would end up bodging it!
Drilling the holes in a drill vice, eight times is prone to error also…..Radial error and sideways error
You missed your chance there, boys!…..I said earlier, that I would struggle pitching out a pentagon
It would be no problem……It's every eight gear teeth!……Obviously?
Bob