I was quite impressed with this product, it is a Seco lathe chuck and is of surprisingly good quality for the price.I have not actually used the product yet so I cannot speak to runout accuracy or anything. Like most lathe chucks it requires a back plate to mount the lathe chuck. It comes with the extra jaws shown and comes with the tightening wrench. It works smoothly, tightens well, the jaws are easily removed and changed out.This is a vastly better quality lathe chuck than what my nearly 50 year old metal lathe originally had. My original Delta/Craftsmen lathe chuck weighs 1/3 what this one does, is made of light pot metal and is not self centering like this newly purchased lathe chuck is. I am very impressed by the quality and the price of this unit.