I think the angle on most commercial jobs may also play a roll in how well the bit stays in the cutter. If you aren't making a one piece non-adjustable one I see no reason to worry about it flying out.
I bought a large one off eBay for $17.00 then later found out I could have purchased a set of 3 for about the same money !! (I'm not boasting here!)
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Thank you to our families of soldiers, many of whom have given so much more then the rest of us for the Freedom we enjoy.
It is true, there is nothing free about freedom, don't be so quick to give it away.