Chronograph, YES!
Bugudy--As has been pointed out, a chronograph is not necessary for reloading, but is very helpful. The Shooting Chrony models are nice. I got a steal of a deal on the Gamma model, so I bought it, thinking "What do I want with all those bells & whistles??"
Let me tell ya, having the machine do all the math, and print up the results right there on the range, and having the readout on the bench rather than out by the sensors (therefore less to replace when--not if--you shoot the sensor unit) is (Tony the Tiger voice) Grrrr-EAT!!! (/Tony the Tiger voice)
Nice for other shooters @ the range, too. They come over, see what I'm doing, and want their loads chrono'd, and I can hand them a slip of paper with the results. Good for maintaining a positive balance of favors (like a positive balance of trade for nations.)
Agree w/Bullseye 308--
As a side note, buy a wooden dowel the same diameter as the steel rods and pre-cut it to length just in case you hit one. That way you won't have to pack up and go home before you are done. Not that it ever happened to me....
But I'll go him one better--And Mr. Shooting Chrony recommends this also--Get wood dowels and replace ALL the steel rods holding up the shaders, BEFORE you shoot one of the steel rods. Less potential damage to the chronograph base that way. I carry extra dowels in my "chronograph kit," a fishing tackle box where the Chrony fits, plus the printer, all the rolled-up wires, extra batteries, extra printer paper, etc, etc, etc. As a side benefit of using this kit, I don't have to fold up the Chrony when putting it away.
Bottom line: A chronograph is nice to have. Helps in developing loads and other uses. Shooting Chrony's are nice but I would not denigrate any other brand.