I can see where it would be useful to have one, and I'm thinking about picking one up. I want to try to avoid doing something stupid...
My lathe has a #2 MT taper on the headstock and tailstock, so that much is pretty obvious. I can pick from all manner of different Jacobs chucks, and all manner of different arbors though, and am not sure how to go.
First, am I correct to assume that there's no handy dandy chuck that plonks right into the hole with no further accessories needed? Seems like they all have either threads or an internal taper, so I need some kind of arbor.
Second, if the above assumption is correct, is there any particular chuck taper combo I should be looking at for the business end of this thing? I'm looking at a #2 MT to JT #33 arbor, with the Morse taper on the big end, and a 1/2" chuck with a JT #33 taper. Good choice, bad choice?