It is very dangerous but I stand beside the machine and operate the handle closest to the entry area to drop the boom or dipper to the ground then watch as it pressures down to the ground to lift the body (house) off the H-frame (track frame). If the tracks lift instantly off the ground then the bearing is probably good for up and down play. If there is any movement of the house,(upper body) before the tracks move up then you have to bend down and watch the turntable bearing to see if that is where a gap opens up between the top and bottom of the bearing. I am usually inspecting machines by myself so this is my method, it is much easier to check it with another person watching the bearing while you operate the boom. Any vertical play is not good, if it is 1/16" I would note it but not condem the bearing. However the hardened surfaces of the bearing could be gone and it could start to get worse quickly. This is only for vertical wear. Look for grease to be pouring out of the bearing (bad seal). also on larger excavators, I have seen lots of oil pouring out of the swing bearing because the swing motor seal blew out. The side to side play in the gear teeth could be excessive, however I don't think know that there is a definate rule of thumb, if it has a lot of side to side play it will make the excavator harder to zero in on the bucket target as it rocks to a stop. I also like to check the swing brake at this time. When I operate the swing, it should smoothly and quietly come to a stop when you center the swing control. Any noises or chattering or no stopping are usually expensive swing brake or hydraulic motor repairs. Look under the center of the machine for leaks from the swing motor seal or as mentioned before oil leaking from the turning table bearing could be from a bad swing motor seal. Good luck!