Mike, I.couldn't agree more... Unfortunately a lot of.machines (particularly from the Chinese mainland) are built with as.much care as that backplate's threaded
A good quality lathe can definitely cope with steel chucks, mine has an all-steel Pratt-Burnerd and there are no vibration issues - then again, I can balance a 2p on edge on the headstock while starting and stopping at 1500 rpm....
Re the OP's backplate, It looks as though the casting either had inclusions (loose sand in the mould, par for the course in Chinese practice) or the.core for the threaded hole was.oversize and didn't leave enough meat for the threads.to be cut. Either way, it's an appalling example of quality control, and I'd be.sending it straight back for a refund. Not a replacement, which could be worse - although a complaint might get a rare good example picked like a.needle from a haystack!
Having been unfortunate.enough to have.worked for one of the UK's well known importers of Chinese Machinery I'm well aware that quality control, both.at the.manufacturers and the importers, isn't anywhere near the top of their priorities.... The only way standards are.going to rise is if the paying customers make a fuss and demand usable tools from 'em -.at the moment.there's the (arrogant) belief that the customer is always wrong where quality is concerned, although the first QC will be done by the customer!