For smaller diameters under 5/8" in aluminum, I don't know if there would be much to gain with using inserted endmills. The main reason would be the low number of cutting edges available in those small cutter bodies. You might find that you lose out on feedrate because you only have one or two inserts, versus 2 to 6 flutes on a solid carbide tool.
Iscar has come out with a line of insert endmills, with something like 4 inserts on a 5/8 dia tool. You might check them out, and then see if there is any kind of crossover tool in Kennametal. Iscar is good stuff, I think they maybe came out with the free cutting insert geometries first, and Kennametal may be playing catchup in that department. That is just my WAG, but I do like my Iscar tooling.
One potential advantage of insert endmills is in the extended reach type. Because the tool is solid almost all the way from one end to the other, you can reach deep cavities and holes that would be quite difficult to rough out with long fluted, solid carbide tools. In that sense, the long shank inserted cutters are indispensable, even though they may lack in flute number.
First you get good, then you get fast. Then grouchiness sets in.
(Note: The opinions expressed in this post are my own and are not necessarily those of CNCzone and its management)