With the knife edge you're trying to get two adjacent beams roughly spaced and pretty damn parallel. With the dicros you're trying to get two adjacent beams superimposed on the surface of the dicro and also in the far field - you need to get the position-er at the right position superimpose the beams at the dicro's surface and then adjust the x & y axes for the far field - since the axis of rotation of the position-er is going to move as you slide it in & out and since the axis of rotation is unlikely to be anywhere near the plane of the dicro - adjusting the position-er's gross position and rotation to get the beams superimposed becomes an exercise in frustration. Hence wanting x & y axis "fine" adjustment. I've never worked with these devices, but there's a reason that high end adjustable mounts are expensive.
"There are painters who transform the sun into a yellow spot, but there are others who, with the help of their art and their intelligence, transform a yellow spot into the sun." Pablo Picasso