Today I had a slice of roundstock that was already faced on one side but was a little too thin to face on the other side. I was using the jaws for larger material. Both of my lathes have only 4" chucks. I stuck 3 rare earth magnets of the same size on the jaws where the stock would sit. This allowed enough room to face the part. It not only spaced it out but held it up against the jaws until the chuck was tightened. If aluminum was used it would still work with the part being held in place manually. It could also be used with even thinner material by adding more magnets. I have quite a few.
I'm sure this is not something new to some but may be of help to others.

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