I use both daily for turning, parting and grooving currently fitted with neutral DGN2202J inserts from Iscar being my favourite in a DGTR one piece tool. Much like the Korloy above I would be tempted with. These work on anything you care to throw at them, whether titaniums, aluminiums, steels, plastics or brass. One tool can do multiple operations, these are worth it having tried just about everything. The only problem I get is using appropriate left or right hand tip and it leaving a burr when parting.
Certainly can plough straight in parting at alarming rates in nearly all metals inc titaniums, just clear the debris regularly on 6082. **LINK**
Iscar above substantially better for turning than the Teutec C type quite similar to MGMN mainly due to the radiused edges. **LINK**
Internal boring, grooving and undercutting look no further than Horne circular interpolation meant for milling, I cant praise enough for lathe work and I am hard to please. Word of warning the tips are dear, last a long time and would be revolved when worn. So 6 sided in to £30+ aint bad, around £20 for three sided all interchangeable whether bullnose, chamfer or straight cut my favourite tool I couldn't be without. **LINK**