Hi, Jeff,
I use the "cheap vacuum chuck" from frugalvacuumchuck.com. This particular style of vacuum chuck has the rotary seal in the chuck, rather than the rotary adapter plugging into the handwheel on the back side of the Powermatic headstock.
In any vacuum chuck, you'll still want a flexible seal between your bowl or plate and the chuck itself. An inexpensive flexible seal is craft foam sheets from Michael's, Hobby Lobby, or Walmart. Cut them to be a bit bigger than the vacuum chuck, with a hole in the middle. (Keep some extra bits handy in case you're trying to vacuum chuck ambrosia maple, to plug the beetle holes!)
For the pump, you're looking for two things: (1) Amount of vacuum pressure (I know, that's an oxymoron) that the pump can pull, and (2) flow rate. You need to be able to pull a good amount of pressure, but you don't need a lot of flow--but your pump needs to be able to handle large flow at small pressure differentials as you place the workpiece on the chuck, start the pump, and initiate the vacuum. You will want a venting valve, so you can modulate how hard you suck (if you've made this really thin plate, you don't want to suck too hard...). You'll also want to run a filter between the chuck and the pump, to catch large dust/chips/shavings and prevent them from going into the pump.
A word about pressure: Atmospheric pressure is about 30 inches of mercury, or 760 Torr, or 101 kilopascals. Pure vacuum is 0 inches of mercury, etc. Some folks specify pumping capacity in terms of how many inches of vacuum the pump can pull, for example, they might say can pump 27 inches when they mean that it will pull to 3 inches of pressure (27 inches away from atmospheric pressure)--others will mean that it will pump from 30 inches to 27 inches (3 inches away from atmospheric pressure). Be careful reading data sheets!
The advice to avoid vacuum generators is correct. Vacuum generators will suck
huge amounts of either compressed air or water to generate small amounts of differential pressure from atmospheric.
Some vacuum pumps require oil lubrication, and will spew oil out into the atmosphere (and will need periodic replenishment of the oil). You'll want to put a filter (and probably a muffler) on the exhaust of your pump. I suspect the Central Machinery pumps require oil.
Look for an oil-less vacuum pump. Either vane-type (think of an enclosed propeller) or piston-type pumps will provide sufficient vacuum and flow; piston will typically be able to have greater pressure differential. Frugal uses rebuilt oxygen concentrator pumps; you can probably find surplus or rebuilt oil-less piston pumps on e-bay. Look for being able to pull 27" of vacuum (have a 27" pressure differential, or have the vacuum at 10% of atmospheric pressure), and ~3 cfm or more at unrestricted flow (wide open). Thomas and Gast are solid brands.
Best,
Hy