Hello Nick.
I bought a new "budget" 5C collet chuck several years ago, I cannot remember if it was from Chronos, Rotagrip or Warco, but I did buy the collets from Warco.
I also bought a plain type chuck and fitted a separate D1-4 backplate. The very finely ground 5C chuck was low priced at around £100 back then, and even the chuck key main body and tee bar had both been precision ground between centres.
I have not used it for quite a long while, but if I get time tonight or maybe tomorrow I will fit the chuck to my 1330 lathe and check its accuracy and let you know. However, the Warco 1330 lathe I have has the not uncommon problem found on some low priced new Chinese lathes with Camlock spindles, which is the tapers mating up well before the flat mating faces of spindle and backplate do.
This can cause chucks to be pulled up out of line, which might be why I stopped using it until I got round to sorting out the fit of the backplate on the spindle, anyway I will take a look. But the 5C chuck is very well made and operates very smoothly, although for the past few years I have been using ER type collet chucks as they have a better gripping range on Metric and Imperial including undersized bar, and are much less bulky with the work closer to the spindle.
Edited By Lathejack on 30/04/2015 22:26:48
Edited By Lathejack on 30/04/2015 22:29:31
Edited By Lathejack on 30/04/2015 22:30:31