I measured the toe on my 300ex from the edges of the rims and I have about 3/8" toe in. front edge 26.75, back edge 27.125.

can anyone tell me if this setting is okay?
if its not okay, what should it be?
what does it come out to in degrees?

 

The numbers look good. Make sure that you measured at the same height front and back. Read what I said to someone else on "400 wheels look bend" this might help you.