Just did some testing with the above 3D printed ER20 collet holder. If I push the collet into the holder I can invert it and the collet stays locked in. If I just set the collet in it stays even with large horizontal accelerations, though it will come out if the tray is inverted. I'm thinking this 10mm depth is adequate. I could modify the design to use a little less plastic by making cylinders around each hole, but the infill is already pretty efficient at saving plastic so it is hardly worthwhile. Now I need to decide how many positions is the most useful and make a couple more.