I see two styles of collet chucks. The Beall and Woodcraft chucks (http://www.theturnersshop.com/turnin...huck/bcc2.html and http://www.woodcraft.com/family.aspx?FamilyID=5352) appear to use a short standard metal-working collet with its own tapered seat an external tightening ring. The Best Wood Tools style collet (http://bestwoodtools.stores.yahoo.net/colsysfor2mo.html) uses the lathe's #2 Morse taper and a drawbolt.
The drawbolt style appears to provide better access close to the collet, while tightening ring on the Beall and Woodcraft style chucks appears to keep the collet back from the face of the ring, and have a larger ring to interfere with close in access.
Are there any advantages of one style versus the other that I should consider before purchasing one?