Interesting tool! However, this is working as long as you don't to have to use another cutting tool for the same part. I know, I'm always the devil advocate!
You do not need another tool - this is a single point tool that will follow the profile that you set. If for example you need to put a thread on the part, you complete the shape, part it off, then remount it and thread it, no problem.
There are parts which are needed 2 different tools, like to shape a shoulder. Like your example, a serie of parts can be done with the first tool and then remount them on the machine to be turned with the second tool.
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