Re: boring a hole on a lathe with minimum amount of tools
It depends on your machine. I drill 7/8 deep with a 5/8 drill bit in 304 SS with no pilot or spot drill and 2.5 inches deep with the same bit in 6061. If you are going to bore then a spot drill is not needed, even if the drill walks off a a bit, boring will straighten out the hole. I normally use 135° split point screw machine drill bits, pretty stiff and requires less pressure to cut.
If your machine or workholding is not up to the task then drilling with a pilot bit might be needed.
That is a pretty cool bit in the video.
I would add as many tool holder holes as you can reasonably fit into the area. You don't have to use them all, but choices of where to put tools might make some setups easier.
Jim Dawson
Sandy, Oregon, USA