Here is a picture of an out of the box AR8 brazed carbide. This is the base tool used in the following examples. The cheap HF tool bits will not cut right out of the box, clearance needs to be ground before use. All of the grinding was done on a standard gray aluminum oxide wheel on a bench grinder.
This is one example, in this case the carbide has been ground to about 85 degrees and a bit more clearance ground on the supporting steel.
Another example of a highly modified bit with a chip breaker ground in with a diamond wheel in a Dremel. This creates the little curly chips rather that the stringy mess without the chip breaker as above.
Another view of the same bit
And I have no idea what the 3 black dots are, on the side. I couldn't see them with the naked eye.
and another view
I should note here that this tool was cutting just fine and had been for about an hour of cutting 4150, Here is a picture of one of the parts that was cut with this tool. As crappy as the tool looks, you can see the finish was just fine. This started out life as a 1.25 dia chunk of 4150.
Here is the same tool on another job, that is a 3 inch dia chunk of 4150
Here is an AR8 ground into a threading tool