gonna try to do my first inlay. its going to be a pain in the but because of thin lettering, but i just want to make sure im setting it up right…Fill to depth on the main piece, then do outside cut on the inlay pieces?
Use the inlay tool in the apps section. It will set up the pocket and the inlay for you in one project. You want to make a copy of the project, use the original for pocket and the copy for the inlay. That should get you in the ball park. Have fun and experiment on MDF or plywood before you start cutting nice material.
Measure your bit before inputting the bit size. Most problems that people have with inlay is fitting too tight. A bit that says 1/16" on the package is not always dead on.