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Have any of you done this? If I use a carbide end mill right at 7/16", it should be perfect for the pivot bolt/pin. But will a carbide end mill cut the SS. Its ATS-34.
By no means impossible to center on the hole, that's what indicators are for.
For yall's information:
CNC doesn't help you center on a hole, (though it does simplify milling a hole in hard steel). I center with a coaxial indicator, but you can use wigglers and find the center of a hole to about a thou in a couple minutes.
A down and dirty way to do this job on a humble drill press would be to press a pin in your hole, stick that pin in the drill chuck, then clamp it all down to your table. Now everything is aligned, so just pull the pin, install your cutter in the spindle and go to work.
Looks like I stand corrected guys! This is good info for us non-machinist types to know.