Think I said when you first got them that with the right inserts and a moderate depth of cut they would work and the round insert one would not be that good.
The 63mm is cutting well, the slight mark you were getting when taking those additional cuts off to get down to the line may have been as the work was higher in the vice, would be better as low as you can get it.
Like me you found the very cheap one was quite poor, if you have the time it would be interesting to set it a few mm below the top of a block and do the feeler gauge test against the side of the inserts, as the tool is moving sideways that is where the chip load will alter if the inserts are out, You could also put a DTI on the holder as I found mine was a loose fit on the cheap arbor that resulted in it being eccentric, tapping it true may help get a better cut. However the real difference will be seen if you swap out the supplied cheap inserts with the ones you were using in the 63mm cutter. You should be able to see the difference even on mild steel as you can't have many hard holders left!