Gotcha... Those "L" (leaded) metals look absolutely sexy with HSS! When you want to cut deeper, a pointy tip with a good "digging-in" leading angle will help you. For smoothness and shallow cuts, the rounded edge of a radius bit is your friend. Gotta watch for chatter though so bit protrusion must be kept to an absolute minimum. Have you ever tried following up with fine steel wool? You could also use a toolpost grinder with a muslin wheel and buffing compound.
See, that's the problem. My little 350W motor and steel, 6-7 thou can be my hogging cut. I usually stay with 12L14 and 1144 alloys. They behave better. "A man has just gotta know his limitations...."