I must also add my vote for the Diamond toolholder.
When I recently started out and being too intimidated to try grinding my own HSS tools I thought that I could avoid the issue completely by only using indexable carbide tools on my little Unimat. These worked ok for some things, but on other materials, especially some steels the finish was horrible. I tried with and without lubricant, faster, slower, shallow cut, deeper cut, but nothing I tried would give an adequate finish.
So having read good things about the Diamond toolholder and despite the price, I decided to order the appropriately sized tool from the manufacturer in Australia. On arrival, after a quick perusal of the instructions I fitted the supplied toolbit into the little grinding jig, turned on the the newly purchased 6" bench grinder for the first time and less than 2 minutes later had what appeared to be a perfectly ground bit. A few strokes with a diamond hone, before attacking the same piece of steel that had given me so much trouble with the carbide tool. The result was a resounding success as smooth as the proverbial babies bum.
My only relatively minor complaint with the tool is the need to rotate the tool post to 12 degrees. And as the lathe is also the drill and mill, toolpost removal and refitting is a constant occurrence. Although apparently this isn't necessary for the larger diamond toolholders which are of a different design.
Regards,
Clive
Edited By clivel on 05/06/2012 21:34:46