Bill,
Last year I was playing with the standard 1 AlOx Dremel cutoff disks for a similar purpose of cutting filework starter slots in ferrule material.
I couldnt approach the rpms needed in the drill press so I switched over to the Dremel itself and rigged up a butt ugly, but effective, bottom-mount table using that router head adapter that came with the last Dremel I bought. I remembered seeing a similar home-brew solution made by MS Lin Rhea some years ago that would be at least as effective.
With either setup you can vary the mandrels height by about 3/8 above the work table and just guide your marked up part by hand to control the cut length. Little bit of a learning curve (especially approaching acute corners) but overall this was simple, robust and flexible IME.
I expect using a cheap diamond file (e.g.course EZ-Lap) to chisel dress the cutoff disks edges will add to their potential for cutting folder blade nicks.
I cant help but feel some irony in that literally thousands us can reach into a pocket -- right now -- and pull out near perfect examples of proper nail nicks that are within an inch or so of your venerable family name. Glad you are here and doing what you are doing! Best to you.