it works ok, one change i would make to my design is to perhaps shorten the inner, moving frame. made it a little long and it doesnt seem to cut much smaller than a 1/2" radius without having to over extend the tool. otherwise, i am happy with it. i just guessed on the dimensions based on some pictures i saw online, but it works ok. been wanting one for a while. i kinda want to make a rotary broach too, but the cutter bits for it are pretty pricey even if you do make the broach tool.
http://www.polygonsolutions.com/rotary-broaches/