I have considered that.....
The runout of the collet holders is much better from my experience than the setscrew ones. If you are gonna make your own I am sure if you were careful and you used a decent lathe it should be pretty good really. If you do not care about your time and you make a large batch of them it would be worthwhile. The setscrew holders are pretty cheap, I use them for my hogging mills and mills that I do not care about the cuts accuracy because I am gonna follow it with a finish pass with a collet holder mounted mill I have optimized the runout on. It makes a BIG difference in cut quality that way and you can still hog to your hearts content with the cheaper cutter.
Speaking of TTS tooling I am placing an order for my new Tension Compression tapping head and collets and I just thought I would ask this question of you guys, if you were to purchase a TTS tool for zero setting your test tool as it were, would you think it would be better to purchase one of their nice TTS shanked electronic edgefinders and convert it to a probe with a lead back to the controller as a lot of people have done or would you just get the Dial indicator mounted TTS holder for the Z presetting and continue using a traditional edgefinder as I am doing with a collet mounted and runout optimized endgefinder from starrett? I like the edgefinder for locating material and if that one they sell is any good at all I could put one tool in the spindle, locate X, y, and then carefully probe Z and use the setting as my number one tool which I use as my test tool of which everything else is measured from. Tormach shows in their video that they use the dial indicator mounted tool and set height of material that way and the tool is setup as number one in the tooltable for zero reference... Cannot decide what to do and I want to finally get this stuff ordered. I am really anxious to try tapping with my newfound reversing setup here. Gonna be really cool... peace
Pete