Cutting with a home made straight hob is totally different to the commercial hob you have ordered.
The commercial one is made like a screw thread, so you can't cut individual teeth with one, they are designed to cut around the circumference in one go.
You can get away with a free wheeling setup if you have gashed the blank first for the required number of teeth, but you will need to hold either the blank or the cutter at the angle marked on the hob otherwise you will not get any decent results at all, the teeth will come out angled across the width.
I have a full set of MOD and a good set of imperial DP hobs plus a full set of castings to make a gear hobber, but I was going to experiment with the free wheeling system before building the hobbing machine, but never got around to it.
There is a video and book called 'Making gears the easy way' that goes into the details of using these commercial hobs or you own home made spiral hobs, and it explains how to do it using the freewheel method.
John