Ray, per ebay rules, if the item is not as described the seller has to give you a full refund plus pay shipping back to him. This is not open for debate by the seller. If he refuses, get ebay involved and they will resolve it. There is no way you should have to deal with this.
Exactly as Mike says. I've had a looka t the add, and it says
-This is a "brand new" precision collet chuck holder for professionals and hobbyists demanding.
-Ease of operation and high quality work results.
The words "precision collet chuck holder for professionals, demanding Ease of operation and high quality work results." entitles you to expect a quality product that conforms to industry standards.
Then "
-This is a "brand new" precision collet chuck holder for professionals and hobbyists demanding.
-Collet must be assembled into the clamping nut before inserting into the chuck.
-Ease of operation and high quality work results.
Note
1. Before using this tool, please measure tool deflection, if tool deflection accuracy exceeds 0.01M. Please adjust before cutting.
Last time I looked 0.01mm equals 0.00039", under half a thou. right there is the spec.
he suggests you adjust before cutting, but there is no adjustment on the tool, so the only way to adjust it is to replace it. I'm sure eBay and Paypal would back on this. Full replacement or full refund including postage, and if he wants his crap tool back he has to pay return postage.
I have h6ad them back me on similar claims.
Go for it buddy.