Fair few years since I bought anything from Vertex but all the gear I have is of at least more than adequate workshop quality outright, not just good for the money, and some rather better. If they have maintained quality standards then the Vertex should be fine.
Put a smaller, 125 mm, TOS on a SouthBend 35 years or so back and that was very good indeed. Don't know about the ordinary Pratt Bernurd but the precision 160 mm I have is pretty much beyond reproach. In a similar position to you some 20-25 years back I figured that staying out of t'pub and beans on toast for a month with meant I could stretch to the P-B precision. Still had to team it with an economy, part machined D1-4 backplate from Chester but its worked out fine. May have been a touch lucky as Chester were more focused on price than outright quality in those days.
Slightly scary to note that prices in £ are near enough the same as I paid back when I got the P-B. Nice to see that the poor quality end of the market seems to have disappeared. In those day most of the real low end offerings were little better than a well used chuck of decent provenance yet still not really affordable to the impecunious.
Might be worth looking into the width of the jaw gripping faces. My P-B precision has narrower faces than usual with standard chucks. Reduces ultimate gripping power but nicer on small work, an advantage not to be distained when one chuck has to do everything. Got a Taylor if I really need to grab something! Seems that on precision and light duty chucks, both 3 and 4 jaw, the jaws taper down further than the standard versions ending up with gripping faces around the same width as those on the next size down chuck. For 160 mm and up chucks this starts to get noticeable. My ordinary 200 mm four jaw is significantly more cumbersome due to this than its light duty companion and, in consequence, is almost never used.
Clive.