Chucks article
I have posted an updated version of the article on chucks on my website.
http://woodturner-russ.com/Chucks.html
There have been several new chucks to consider since that original article was written, some manufacturers have expanded and improved on their products, and Nova has chosen to discontinue their old basic scroll chuck.
The most significant improvements have been made by Vicmarc. Their accuracy has improved with better tolerances in the machine shop, their operation is smoother, they now have a larger selection of accessory jaws, and being able to replace a lost chuck wrench with an Allen-Wrench from the local Ace Hardware has to be a positive deature. If you don't think this is important, try losing a chuck key that has one of the gears attached to it, and then discovering that the new ones work, but not very well because somebody chose to change the gearing.
Some things haven't changed, and I still think the shaped Oneway jaws give me the best grip on green wood. And, I still prefer the Axminster for things where accuracy and repeatability are important, because they are still the most accurate and repeatable of the chucks.
Rust is still a problem when you live in a climate with a high dew point in a shop without any climate control. All exposed steel will rust on North FL in the summer and in Western WA in the winter, enless you have AC or heat. My concern with rust in the chuck article is based on living in both places, and having chuck jaws turned into masses of rusty steel. If you have a rust problem in a shop, you will have it on everything that has exposed bare steel of cast-iron. If you don't, then the chuck is no different from any other exposed surfaces.
The simple solution to rust is a light coating of a light oil to protect the surfaces, or use one of the commercial products like BOshield. The best solution is still buying a chuck with a protective coating. Finishing on the lathe and a thick coating of lacquer and dried oil finishes on a chuck also works. I solved the problem by moving to a more tolerable climate.