I'm trying to design a sharpening jig for my bandsaw mill blades that uses a hand-held Dremel as a cam-guided router. I think I know how to make the positioning fixture, and mill a cam to guide a bearing on the bit shank, but I have no experience with milling moderately hard wood saw blade steel, or a worn-out blade to practice on. Presumably the choices are ceramic or diamond grinding bits or HSS or carbide milling cutters. The gullet curve has a minimum radius of 3/32" which I'd like to preserve by using 1/8" or 3/16" cutters so the blades can still be resharpened without difficulty on commercial equipment.
The cam milling setup would be a pin the diameter of the cutter bit clamped upright on the milling machine table, centered under an endmill the diameter of the routing bit shank bearing OD, like 0.500. I have a short section of new blade to clamp under the cam blank to trace the gullet shape against the lower pin, and once the straight front and top rake sections have been started they could be extended beyond the tooth tip by clamping the blank at the 30 or 8 degree rake angle and moving the table. The limitation is that there's no way to adjust for wear on the bit beyond moving it endwise in the collet, thus an HSS or carbide cutter should be better than a stone IF they hold up long enough.
The teeth have to be set sideways and perhaps reset to the opposite side so they are are soft enough to file, which I just confirmed. My Scleroscope doesn't measure the Rc hardness of objects less than ~1" thick reliably even if they are solidly clamped in the milling vise. I checked it against samples of known hardness while taking blacksmithing classes.