To be fair they do not adjust in the same way as the adjustable chucks I have used, and the ones I have.
Mine have a tapered pin that does the radial adjustment, where as the Shars and Grizzly just have the 4 setscrews.
Often theses chucks are fine for the diameter they are set for, but when another diameter work piece is held it is no longer centred.
Neither of the Grizzly or the Shars regular chucks have very good repeatability, and I would assume the same would be for their adjustable chucks. Shars site says .003" but does not state TIR
Very good hardened bodied chucks are repeatable to 0.01mm TIR or .0002", or even better if they are not strained in their use.
Depending on what you are doing, they may well be more than adequate for the tasks at hand.
I have made a home made version, It was a very good self centering 4 jaw chuck, mounted to a face plate that was skimed in place. The screws securing the chuck had regular washers and under the screw head I used a pair of bell washers. There was 4 blocks on the face plate perimeter and 4 setscrews to do the radial adjustment.
Looking back, I should have just made a ring up and mounted that on the face plate.