In theory, I'd agree, Bill.........
However.....There isn't any wood bowls that are perfectly balanced.....even though most improve with finish turning.
I'm not sure where the point of no returns is.....It does seem there would have to be a significant out-of-balance condition for this to be applicable on a realistic basis.
A perfectly balanced chuck, it seems, will not have significant vibration, if it's not exactly square to the spindle (within reasonable limitations)......but, if the balance deficiency is with weight that isn't equally distributed the same around the circumference, in reference to the center of the chuck, as in what usually occurs with an out-of-balance piece of wood; that would produce vibration significantly......and, interfere with a precision cut.
-----odie-----