Jacobs Chuck for wood lathe

I am a new turner who would rather spend a little more up front then buy something less expensive or something that won't work as well as I need it to. That said I am interested in purchasing a chuck to be used in my tail stock for drilling into my projects. I am told to purchase a Jacobs Chuck. As I am doing my research I see that to purchase a good Jacobs Chuck my cost will be in excess of $200.00. Several of the woodturning mail order sites sell other chucks for less than $50.00. These chucks are manufactured by companies that sell other woodturning tools that are considered to be top of the line.



If it matters for your comment my lathe is a Powermatic 3520b



Will I be satisfied with one of these other chucks or should I purchase a "Jacobs Chuck"?

(4d1)

Jacobs Chuck for wood lathe