One of the main problems with using a vee-ended slot drill or end mill is that the cutting speed of the centre tends to zero, giving very high cutting forces and the tendency to break the cutter at the sharp point. A vee-shaped side and face cutter (as on horizontal milling machines) would be a far better bet.
Suggestions to using standard end mill/slot drills are the way to go if you can position the job and/or the cutter rotation to do what you need to do.