Yep, I use one just about everytime I do a bowl.
They are easy to make and extremely useful in the shop. However, there is a tad of danger in using one unless you and anyone that is watching you at the lathe MUST be aware that the bolts exiting the back of the rear plate can rip your fingers to shreds in an instant IF YOU TOUCH THEM.
I used round headed bolts and recess them in the front doughnut ring. This helps to keep my knuckles intact, but the round heads can still knock off a tad of skin if I forget they are there. Another trick is to use a short as bolt as possible to go from the front ring to the back plate and still allow sufficient gripping of the nut.
If you need instructions on making one like the ones I use please check my profile and use the e-mail address listed there. I will be glad to assist you as best as I can.