Major loss.
Just looking at the expected results (E) for a T3 rank woodworker:
Boltmaker + Ring : E = (3*100%)*96% = 2.88 : x33 ~ 95 bolts
Regular : E = 3*(1*50% + 2*(50%*75%) + 3*(50%*25%))*95%*95%*95% = 4.18 : x33 ~ 138 bolts
Even if you eat Kitron Macaron while crafting the boltmaker recipes (to reduce fails even further), you never get anywhere close to the normal HQ-enabled synth (Can't exceed 100% success)


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