How to solve a 3-Jaw run out

If the lathe is a good and you like it get it, don't let the chuck hold you back, if you can clean it up and grind the jaws fine, but if not keep the chuck for rough dirty work, it never hurts to have a chuck kicking around for this type of thing, I have an old 3 jaw I use for just roughing and dirty scaly stuff and I just don't worry about it, the runout in the chuck right now might be as simple as a chip lodged in the scroll or one of the teeth of the jaws.
 
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