I'm a mechanical engineer, turned woodworker, machine design and automation, specifically. If this is something you'd like to discuss for a production environment, I'd be happy give my opinion. And if you need something designed and built we can talk about that after we nail down your actual requirement. The router bit isn't a big deal, Kowood makes very small metric radius, really nice carbide bits. Check them out on Amazon, you won't be disappointed. The other thing is, it is not over the top expensive to have a custom radius bit made, or several (definitely cheaper by the dozen in the machine tool world). Bearings are available in any size you want, and custom grinding is available. A huge part of woodworking is figuring stuff out, most of the time fixing a 'F' up! But its much like when I was an engineer, you put the pieces together to create. Any thing you want to do, you can! You just need to learn how. I'll be happy to answer any questions.....