chain.js

var makeArray = Function.prototype.call.bind(Array.prototype.slice)

function chaining(actions, initialParams) {
  var action = actions.shift()
  if (!action) return

  function innerCallback(err) {
    initialParams.shift()
    var newParams = makeArray(arguments)
      , passingParams = newParams.concat(initialParams)
    chaining(actions, passingParams)
  }

  action.apply(innerCallback, initialParams)
}

function chain() {
  var actions = makeArray(arguments)
  process.nextTick(function() {
    chaining(actions, [])
  })
}

module.exports = chain

test.js

var chain = require('./chain')
  , assert = require('assert')
  , recording = {steps: 3}

chain(
  function() {
    recording.steps--
    setTimeout(this, 5, NaN, 1)
  }
, function(err, one) {
    recording.steps--
    assert.notStrictEqual(err, err, "It's NaN")
    assert.equal(one, 1, "Gotcha")
    recording.status = 0
    process.nextTick(this.bind(null, Error(), 2, "42"))
  }
, function(err, two, answer, one) {
    recording.steps--
    assert.ok(err instanceof Error)
    assert.equal(answer, 42)
    assert.equal(one, 1, "You again, huh?")
    assert.equal(arguments.length, two * two)
  }
)

setTimeout(function() {
  process.exit(recording.steps)
}, 50)