I think John has it but unless you are on R8, INT / BT 30 / 40 with drive doogs you have no way of getting the collet holder back into the machine to guarantee repeatability with the spindle so every time you do a tool change you need to adjust.
Might be Ok for the big boys with thier 40,000 rev spindles at 25 horsepower to get the last nano out of a job but can't see any use in a home shop with, lets be honest hobby type machines and spindles.
True story.
Some while ago I had a job to take the edge down on a piece of 1.6mm stainless to 0.5mm for a width of 3mm on long strips pre cut. So basially just a sliver off.
Set these up on the CNC in rows with a 6mm gap inbetween so I could do two at one pass with a 12mm solid carbide cutter. Started running the job and after a while I noticed the edge had deteriated on the cutter. Swapped cutters and carried on but second cutter did the same.
As I only had two 12mm carbide cutters I had to swap to a HSS cutter which did the rest of the job, over a 1,000 pieces on the one cutter.
I saved a sample piece and sent it and the cutters back to the supplier for a reason why they didn't last.
The answer was I was not cutting deep or agressively enough and I didn't have a rigid enough machine. The CNC only weighs 2 1/2 tonnes and has a 7 HP motor