Hi Hamish,
Long thread may gave the impression a d-bit is more complex than it actually is.
You just need to take just under half of the thickness off of a bar of the right diameter for a distance of about two diameters, then as it isn't for flat-bottomed holes, set the rest on your grinder at ten degrees and angle the d-bit at ten degrees and grind across the end to create the cutting point.
If you use silver steel you will need to harden and temper it, but is perfectly possible to grind one from an HHS toolbit (or an HSS drill blank).
Neil
Edited By Neil Wyatt on 24/01/2015 12:37:24