Most arms used with LP12's have VTA adjustment (unless it's a Rega arm, in which case you use spacers on the pillar (ughh!). Do you mean azimuth (as viewed from the front?)
VTA has more of an effect on perceived surface noise and treble (cymbal crashes and sibilants) in my experience - getting it right opening up the dynamic range "window." bearing in mind that many stylus assemblies often have too steep a tracking angle, I prefer the arm to be slightly down at the back rather than slightly up (if you can't get it dead level).
I'd suggest that (mis)tracking can be as much temperature dependant as anything else, some cartridges being awful below 20 degrees celcius I've found. Koetsus, which were never the worlds best trackers, were supposedly set up for the region they were to be used in - models intended for the far east sounding really lousy in Western Europe as I recall. Speaker suspensions (of the rubbery kind) vary hugely with temperature too, so Alan Shaw of Harbeth found, the 10 degree plus temperature differences from the UK to the far east having major differences in bass control. Doped corrugated paper/fabric as used in many Tannoys may not suffer so...
I can't go on and I can't go back, I don't feel so matter of fact,
I tried and tried to make good sense, What's the good to try it all again?