Thanks for all the advice. I tried a piece of HSS with a radius on the end. I pretty much got a polished finish first time. The picture is below, it's HE30 / 6082 T6. 1000rpm, 50mm diameter cut, table speed between 12-252mm/minute (didn't really make much difference).
I tried various different methods, even with the head tilted 0.5 degree so that it only cut once, I'm not 100% but I think when the leading side of the fly cutter was cutting it was a better finish and with the trailing side cutting it was a much worse finish.
Using a traditional shape lathe tool gave a nice machined finish, similar to a computer disc.
However I think the best advice I read was to use the lathe instead!
I found a face cutter at a car boot sale this morning for £5 so will probably use that in future!
Thanks,

Edited By Chris123 on 18/08/2013 12:56:19
Edited By Chris123 on 18/08/2013 13:04:32
Edited By Chris123 on 18/08/2013 13:17:50