Ok so i am trying to machine a piece of 1/2" round stock (6061-T6) and i need to figure out the best/least expensive way to make a cut. Basically i need to make an 1 1/4" dia notch in the center of a 50mm long rod of the 1/2" stock. This will be so that the 1/2" piece can sit on a piece of tube that is roughly 1 1/4" in dia, and not want to rotate so much. Currently i dont have easy access to a mill, but i do have access to a drill press with a cross slide vise. I have thought about using a hole saw, but i think that it would be less than ideal and leave a fairly poor finish. I have thought about just getting an endmill, but that poses some problems with the equipment i have access to. Is their some better way that i just am not thinking about? I have been racking my brain for a while on this one. I have thought about making my own HSS bit with a 5/8" radius on the tip, but that would still allow the part to rotate. I would just look for some sort of grinder bit for the drill press, but since its alu it would probably clog up pretty quick.