I normally go by feel now. I get it tight enough to where I feel it will hold, but loose enough for the hub/rotor to spin like it's supposed to.
A new set of those nuts is more expensive than you think they would be, too. I used to have a collection of old ones from junk axles lying around but I don't know what I've done with them. I think I have a couple of sets as spares in my truck bed-mounted toolbox just in case.
My thing is, when a nut of any kind is torqued down that much, wouldn't the metal stretch and make the nut less effective in remaining tight the next time you try to torque it down?

I mean I know that in the real world it doesn't really matter, but I wonder what a mechanical engineer would say.