Just to get things into my perspective.
I use Myford nose chucks on my RT and have never had one come loose when machining in the fwds/bwds mode, but I also ensure I don't use gorilla tactics when removing metal, it is better to use double the number of cuts than fewer heavy ones, plus you get far superior finishes. There are no time limits in this game, the job isn't going to run away at the first opportunity, so unless you are one of the impatient ones who can't wait to get the job done, take your time and do a decent job of it. It WILL save you time in the long run as you have less machining marks to get rid of.
I am lucky in that I use a Division Master on my RT, so that all those working outs with the vernier scales are not required any more, they are got rid of, taking the RT into the 21st century. I do use my Div head, but mainly for angle machining and drilling, and that soon will be converted to NC using the same controller, allowing me to carry out everything an RT can do plus all the angled machining as well.
Getting back to the original first post.
I would suggest rather than go with the BSO, which I would think is a little large for your machine, see if you can obtain the Vertex 4" tilting RT. I can't recall if that one can be fitted with division plates, but if it can, that would allow you to have the versatility of both an RT and Div head that would be suited more to your size of machine. Or even fit an RT with div plates to a sine table or tilting table to do the same sort of thing.
There are many ways to skin a feline.
John