Thanks for all the responses!
I've read all the provided threads and PDF files.
They've given me a fair amount of insight, especially the "Tear out - How to avoid.." PDF.
That one shows photos looking very much like my project, and gave great details.
I did try a 3rd piece of pine, sanded down to about 1/32" from the template. I trimmed the rest off fairly cleanly.
From my reading, 1) take smaller bites - make more passes; 2) Pine seems to be prone to such failures if caution is not taken; 3) People that know what they're doing have experienced this...I'm not the first. So, I'll keep trying, with a little help from my friends.
The Infinity bits look very interesting. If I get comfortable enough to plan on some production run, I'll probably drop some coin down on better bits. For now, I'm just trying to figure out what bits do what, and which ones I might need, and my Diablo and Rockler bits will have to do.
Thank you all for all your help. It is greatly appreciated.
By the way, I expected an email letting me know my post had received replies. I didn't know there were any until I logged in this morning.
Is there a setting I may have missed?