Gentlemen: There is a very easy way to predict HP when machining Aluminum or any other material for that matter. For example 6061T6, pretty common stuff and usually printed on the material. The Metal Removal Rate (MRR) predicts HP. This term refers to Cubic Inches of metal removed Per Minute, per HP. How do we calculate MRR? Just like we do any other cubic measurement. Length x Width x Height. 1 Inch Width of Cut x .100 Depth of Cut x 10 Inches per Minute feed will net 1 cubic inch per minute of metal removal. General standards indicate that 1 HP will remove 4 cubic inches of aluminum per minute. Steel, including plain carbon, stainless 300 or 400 series, alloy steels and tool steels will require between .85 and .95 HP per cubic inch. We use these calculations almost every day when we are specifying tooling for our customers. We also use this method to see if there is room for process improvement when optimizing cutting tool applications. No matter how you slice it and dice it, one HP will only remove only so much material per minute weather you are milling, drilling, or turning. A Bridgeport cannot spin a tool too fast for aluminum, even if the tool were 8" in diameter. Even if we could reach the melting temp. of aluminum, it just can't hurt the carbide all that much in our little machines. Common production speeds are 2,000 to 6,000 SFM and 10,000 SFM with Poly-Crystalline Diamond (PCD). (Except when Silicon content exceeds 8%)
Franko: The tool on E-bay you are looking at is using AMPT1604PDER inserts. They may do OK in several materials, but, the "P" in the third position indicates that the tool is probably not GROUND and is more than likely molded to size at +/-.0015. And the "E" near the end indicates that the insert is honed. (If that position was an "F" in place of the "E" it would indicate a sharp edge with no hone)
As suggested earlier, look for triangular inserts. They are common with a radius for turning but also with a facet for fine finishes when milling. And almost every insert maker makes 3/8 IC triangles. Look for TPG321, TPG322, ("G" indicates that the insert is ground and will probably be sharp, particularly if it is designated for non-ferrous materials. Or search for any of the 3/8 IC TPKN style inserts typically used for milling. Pay attention to the coating.... Best choices for Aluminum are TiCN and even better is TiB2 Titanium Di-Boride. Aluminum does not adhere easily to TiB2. Both coatings are bright silver. I almost always use Tap-Magic of Aluminum. Use your old toothbrush and brush on a drop or two and you will be delighted with the results. Pick up some Mag Wheel Polish at the local Auto parts store and you will put a great shine on all your aluminum projects.
Good Luck!
Gary