The jaws are not square... they are worn more to the outer tip than the inner. It is actually pretty obvious looking at them.
There is no discernable wear in the guide slots... which I thought was pretty amazing on a chuck this old... I've measured the full length of the guides, if there is any wear, it is evenly distributed along the full length of the guides.
Also, if the guide slots are worn, there would be some amount of play between the jaws and guides... there isn't any play.
I would guess that this chuck saw a lot of use chucking short parts... but that is just a guess.
-Bear