I've had the opposite experience as you Dick. I have used at least 20 different jacobs bb superchucks over the last 10 years, on both lathes and mills for mostly metal working but some cue repair. I bought one brand new, and the others were in a couple toolrooms I worked in. THey all sucked for holding small diameter drill bits (anything under 1/8"). I even bought a smaller version of the Jacobs (but not the super chuck, a step down from it) that only went up to 1/4", just for the small diameter drills. No good either. All these chucks on a lathe would not line up the drill bit perfectly with the center hole from a center drill. ANd on a milling machine where you can see the bit spinning, it was obvious they took a lot of fussing to get to spin true, if they could spin true at all.
THe toolroom I was at also had Albreight chucks for the mills. There was no comparison whatsoever. tHey held the smallest of drill bits with no problem. Spun them dead true. I spent the 300 and bought one for my lathe at home. It was like night and day compared to the ball bearing super chuck I had before (that I also bought brand new).
At my current job, the shop had the bb super chucks for the lathes and mills. Same problems as before: they didn't hold anything true. I ordered knock-off Albrieght chucks from MSC due to the shops budget. These were made in Taiwan, and were a bout $100 with the arbor, compared to about $300 for the Albreight. They worked as well as the Albreight, as far as I could tell, and way better than the jacobs bb super chuck.
In my opinion, next to a quick change tool post, an Albreight or knockoff chuck is the best improvement one can make to a lathe.
Anyway, glad we both found chucks that we like...