It will hold enough chalk to break or jump, but you do need to chalk before you use it. You obviously don't want to get to the extremes when applying spin, but I have no miscue problems, even going a tip or tip and a half from center.
If you are miscueing, you probably aren't hitting the cue ball where you think you were going to. Any flaw in your stroke is amplified by increasing cue speed. Many players try to get so much power on the break, the lose accuracy. And accuracy is far more important in a good break than speed/power.
Steve