Thanks everyone for your replies.
I know I don't have the capacity to handle a 50mm forstner bit.
For a pattern follower bit, wouldn't I need a substantially deep template to engage the bearing? Might be better to use a template for the router to trace, wouldn't it?
I've seen two types of templates/jigs for tight circle cutting: the 'Jasper Jig' type commercially made or DIY, and the circular hole template for the router's base to trace. Which would be a better option?
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