Thank you Bob for your attempt to resolve my problem. I have both collets. The 1/4" one has never been used due to the problem outlined. There are of course, no wood chips to remove. Inspection has shown the collet not to be cracked, it is just poorly sized. The ID of the collect is .247, while the diameter of the bit is .248, thus you can see what the problem is. I just wondered if anyone else had encountered this and had solved it without replacing the collet. BTW, having been in the electronic industry in many capacities, I am well aware of what heat sinks are. They are typically constructed of metal. I don't think I would use a rubber grommet to disperse heat, as rubber burns when it gets to hot. My comments were of a sarcastic nature since I can barely introduce the bit into the collet, much less bottom it. If I force it too far I have to drive it out. I guess the only solution is to actually check the collet against my bits for fit before purchasing a new one. My next router will be a Hitachi, not another Porter Cable.