3car - i am not knocking it, i do not know what is right either way. I was reading the disc brake tech article and homeboy said it is a no-no.
Here is the link and a the section on wheel studs. Looking at it again, I notice that the rotor is on the inside of the axle (makes me feel better)
http://coloradok5.com/atrondiskbrakes.shtml
"Installing the wheel studs is next. The disc is installed from the backside of the axle flange. The wheel studs pass though it. The proper way to install a wheel stud is with a shop press that can exert about 2-3 tons of pressure to make sure they are fully seated. Again the danger of not getting the studs seated could ultimately end with the loss of a wheel. It's worth the time and a few bucks to take this to a machine shop to have them pressed in if you don't have access to a press. If you just don't have anyway of pressing them then the next best method would be to drive them in with a Drift and a hammer. Regardless it would be wise to keep a lug wrench handy for the next couple days and check the torque on the lug nuts when you stop. The heat cycling of the disc and flange, from braking will, cause any studs that are not fully seated to loose torque so play it safe and check to make sure they are still tight over the next couple days.
Now a rant.
It is absolutely the wrong way to install wheel studs by drawing them in with a lug nut PERIOD! Wheel studs are normally only torqued to between 80-120 ftlb on the average passenger vehicle. To create enough force to draw a wheel stud in your going to need to produce well over 150 ftlb of Torque, probably over 200ftlb. That's well in excess of what that stud was designed to handle. You are weakening the stud if you do this and there is a VERY real danger that they could prematurely fail and cause the loss of a wheel. If some monkey mechanic ever tells you this is ok to do and they are about to pull this stunt on your vehicle LEAVE. I can about guarantee that at least 50% of the cars you see sitting on the side of the road with a missing wheel is because of some knucklehead pulling this stunt.
I will go get longer wheel studs at napa tomorrow and have les schawb or somewhere press them in. Does Harbor Frieght sell presses that would work?