I am going to be putting mine onto a S7, so no D1-3. For me, the issue is with the lower spec collets that I do have. Some are better than 0.01 while others are around 0.05 tir error, when tested on a Hardinge lathe. The emergency collets will be fine, they have the pins to close the collet with and then just bore out to suite. On the ones that are a long way out, I may set them up and then regrind them true again. This will have the added advantage of putting spring into the collet like a Hardinge collet is. Instead of being basically sized and causing scratches on soft parts.
My adapter will be used for second ops of parts that need a higher level of precision that I can get easily with other means. I like the use of the plates that allows parts to be the same height under a shoulder, like for making sleeves with the same flange thickness, or for making the second side with a simple detail to being concentric with the first side. Like the glow heads of engines where the clamp ring is screwed into the case instead of the series of screws holding it all down.
My other thought is to make the backplate that goes onto the S7 spindle, have 4 temporary outer clamps, that can be used as a means of micro shifting the body around the backplate , then tightening the screws in place. Remove those 4 clamps and use away, until it requires an adjustment again.
Neil