I have the Shars version of the same chuck. Compared to my Albrecht (also bought new) it holds it's own and is a pleasure to use. These days I only use drill chucks for drill bits, so I see no issue with reversing as mentioned above. Taps go in tap collets, mills go in mill holders, everything else goes into ER collets, so that really only leaves drills for the drill chuck. Okay, and countersinks, but that's it. If I'm going to the trouble to loosen the draw bar, I may as well use the right method of holding a tool. If that job happens to be shooting holes, these ultra precision import chucks are keen to accomplish the task.