I’ve seen this question asked a lot. So here’s the answer. I closed the jaws all the way and they fully close. It held a .010 gage pin just fine. Runout with a .200 pin was .001 TIR, and with a .5 pin it read .0055 TIR. The retention knob fit a haas VF2 with no problems. Rotating by hand to clamp down provides plenty of holding power for smaller drills, but I would use the spammer for anything over 5/16. Bearings feel decent, not rough. At this price, buy a couple.