I think a self-centering 4 jaw would be good for production in a shop that does a lot of turning of square stock. As long as you can tolerate the several thousandths of runout, just like with a 3 jaw chuck and round stock. Depends on how critical low runout is to your part, and how many of those parts you need to make. If you're making rocket parts, it's probably not going to be what you need. I'm probably never going to buy one. But I'm not doing production work, and I can take all the time I want to take to dial stuff in to ridiculously tight tolerances if I want to do it that way. YMMV! It almost has to.
Bill

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