I use a Chronos (I think) holder with a 1/16 x 5/16" HSS blade.
It's cheap, adjustable, and easily does everything I can remember up to maybe 2 1/2" diameter – wood, delrin, brass, phosphor bronze, LG2, BDMS, titanium, silver steel. I can't see that I'd want anything better unless I started making batches of several tens or more – and then it wouldn't really be a fun hobby, would it?