Got some more bit pics!
This time I tried a drill that was unbranded but was stamped USA so I'm pretty sure it wasn't of Harbor Freight lineage. It's 27/64" size.
Here's the bit as found, looks like someone had a go at hand grinding but it didn't go according to plan... or maybe it did, who knows.
The cutting edge curls over pretty bad on both sides. I didn't try drilling with this bit before grinding it but I don't think it would've been very good.
Here's after grinding. Set up was as per the instructions with the drill just about 1/16" past the end of the jig and the bottom flute touched up against the index tab. The drill was advanced inward to the grinding surface with the adjuster screw on the shank end.
The whole process only took about 60 seconds probably.
In the last two pics you can see I'm still getting that slight rise toward the end of each relief. The difference between this and the HF drills is that this one looks more symmetrical. The slight rise is the same on both reliefs, so that leads me to believe the HF drills are ground slightly asymmetrically from the factory.
I'd like to eliminate that rise in the relief but I don't really think it's a problem.
Here's a few shots of a hole made with this drill right after grinding.
Material is 1/4" steel plate, drilled in a drill press at 620 rpm, no pilot hole.
First up is the entry point.
Here's the exit point. Very clean break through, no de-burring was performed.
Here's a look at surface finish inside the hole, it's not great... No lube was used.
It drilled very easily even with no pilot. The hole was made in just a few seconds. Strangely, after the drill had penetrated to full diameter, I observed a long stringy chip only on one side of the drill. Maybe feed was too light?
Finally here's a few of the drill after making that hole. No rubbing is obvious except at the chisel point. The two rises in relief show no signs of contact with the workpiece.
All in all I consider that a success! I'll probably try a few different point angles and see what happens. Like I said, I'd like to eliminate that slight rise in the relief and I'd like to observe equal chips upon drilling but do far so good.