Chesnaught is one of my favorite new Pokémon and it is a shame that he seems to have been overlooked by most battlers. With good stats, an interesting movepool and a cool ability he is surprisingly versatile. Here's the set I've been using:
(Chesnaught) (M) @ Leftovers
Ability: Bulletproof
EVs: 252 Def / 252 HP / 4 SDef
Impish Nature
- Spiky Shield
- Leech Seed
- Substitute
- Hammer Arm
I just threw this set together right after X and Y came out because I chose Chespin as my starter and wanted to make a team on Showdown based on my in game team but it has been surprisingly effective for me. Chesnaught can get a free sub up on many common OU pokes, such as Choice Band Scizor and Ferrothorn and from there he is a huge annoyance to many teams. He checks a variety of physical attackers, most notably Swords Dance Aegislash. He can even take on some mixed Aegis since Bulletproof grants him immunity to Shadow Ball. Gengar can't touch him either unless it is running Psychic or Sludge Wave, both of which are rare. Of course, all Chesnaught can do to Gengar is Leech Seed and if Gengar gets behind a sub it can't even do that. Trevenant completely walls this set unfortunately but Trev is not very common and not very hard to play around in my experience. Talonflame is obviously a huge issue for this set but I found that if I am behind a sub and go for leech seed as it switches in I can often stall it to death. If Talonflame goes for Roost during a stall war, Hammer Arm does about 57% to it. A rock type move could be used over Hammer Arm just to kill an incoming Talonflame but I'd say Hammer Arm is better overall. It wears Ferrothorn down while it can do nothing in return and OHKOes Mega Lucario. Chesnaught will not be placed in OU but that does not mean he has no use there. He is a decent physical wall and staller and has a great niche role as a counter to Aegislash. He can also serve as a situational counter to Mega Lucario. He may not get much attention in standard play but I can see him tearing up UU once it is released. In a Talonflame free environment Chesnaught will be able to more effectively take on an offensive role. I really enjoy using this set and look forward to further experimenting with Chesnaught in the future.
I've been using this set and spread and I basically agree with everything you've written. The number of opportunities to set up with a grass/fighting typing is actually pretty high- resisting edgequake and also dark moves is no joke and this means he can set up all over both garchomp AND landorus-t, as well as happily switching in on tyranitar/mega tyranitar, gyarados/mega gyarados, as well as any pokemon like donphan, rhyperior, and acts as a shaky check to choice locked azumarill taking nothing from waterfall or aqua jet.
Honestly I kinda put him on my team as a joke but he's been incredibly reliable so far just for his very relevant physical resists in combination with making good use of substitute.
edit: the only thing i'm kinda disappointed by is that bulletproof will block a hit before spiky shield, meaning you cant really deal spiky shield damage to stuff like gyro ball users.