I found a few threads about how to make D-bits and would like to try my hand at it, I have a newbee question about the making of D-bits. Will a HSS cut drill rod? If not what do I need? I don't foresee a surface grinder being added to my shop in the near future so I am limited to using my HF mini mill and Craftsman lathe. Should I get oil hardening or water hardening drill rod?