Well, I ended up buying the 80 insert Sheartak cutter head after all, and coincidentally just installed it yesterday on my 34 year old Taiwanese CKM jointer.
Well, mostly installed, as I have to have a custom washer made to complete the install to retain the pulley.
This particular cutter head is a "generic" 12" model that's made for many different Taiwanese and Chinese jointers, including the 12" Powermatic, which tend to be much newer than my old beast.
While all the important dimensions are the same, my old 3 knife cutter head had a different bearing retaining system than the new one. The old one had both ends of the shaft externally threaded to accept a locking castle nut type of retainer, whereas the new cutter head has the shafts drilled and internally threaded to accept left hand threaded metric bolts.
I believe this would be a direct fit for newer jointers though.....
I did a lot of homework and asked for dimensional drawings before I bought it to make sure I can make it work.
The quality of the Sheartak cutter head is excellent. Most definitely on par with Byrd. (I have a Byrd cutter head in my small planer)
I installed new SKF bearings (took 2 bearings per side), and it fit perfectly into the jointer.
As to the cut quality, I will have to wait until I get that washer back from my machinist friend to find out, but at this point I'm very optimistic.
So far, I'm very happy with it. The fact that I saved nearly 50% over a similar Byrd unit .....