Niels, I've been toying with the idea of taking a try at the "smash" style of holder. If I understand, you drilled a hole that cleared the tool bit, which, after springback, made the holding channel .050" too large. I'm thinking of drilling the hole .050" undersize, springing the holder out in order to insert the bit, then smashing. I'll make the holder about 10 mm longer than necessary just in case I fail.
Bill
Bill