They are horrible to use.
Sounds like sour grapes but it's not, I have two complete chuck assemblies here with collets.
To use, you have pull the inner ring out, the one with the angled teeth on then spin the big ring hard until it stops and then repeat this hammering action until the chuck becomes loose, swap the part, then repeat in a reverse order hammering the ring round by hand until it's tight then piss about pushing the locking ring in whilst rotating the outer ring until it locks in.
So what should be open, swap part, close is translated into pulling and spinning highly polished pieces of metal, usually with slippy hands if you are using coolant, many times over.
Sorry after 5 parts you loose the will to live and even a 4 jaw looks tempting.
Why they attract the price they do I'll never know. I got both my sets for different guys who also hated them and were glad to see the back of them.
I only mentioned these initially to put forward the rubber bung idea to be used on ER's but I have a sneaking suspicion that nothing will come of it because Raymond's mind is already made up no matter what's posted.