I like horizontal raise panel bits, because you can lay the piece of wood flat on the table and run it though - a very stable position. With a vertical bit, you’re setting the wood on edge and holding it against the fence; even with a tall fence it’s often difficult to keep the wood perfectly vertical and under control. I’m sure it’s also a matter of technique, and if I started out using vertical panel raisers my suggestion may be just the opposite, but overall I find the horizontal bit is easier to work with.
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Happy Woodworking!
Tony
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