You might say more about your experience with the boring bar. You should be able to take pretty deep cuts if everything is set up right (speed, tool height, tool shape.) At .100 per pass that's only 5 passes per inch of diameter. Shouldn't take that long, which makes me wonder whether you're having fundamental problems boring in the first place. I use boring bars when I need precision in deeper holes.
I make a lot of .500" deep pockets, 1.85" diameter in 2 1/2" aluminum - I don't use a boring bar bar at all - I use a standard turning tool with triangular insert (CCMT if I recall). I make facing cuts. I actually run the lathe in reverse and cut from the center toward the rear as it is easier to see what I'm doing. I do it dry as lube isn't required. I can do about .075" passes on my PM1127. Chip clearance approaching the side of the pocket is an issue - plunging right at the side causes a lot of chatter. I have learned to plunge as I am approaching the side - then cut on the outside-to-insde pass.