Inletting oct.-round barrels aren't attacked much differently that oct. barrels. Chisels, scrapers, and inletting black/ candle soot. A round scraper goes pretty fast. Just be careful of the sides, and mistaken contact points on the sides, The wedding band can be cut with the right size gouge. You can try to get the wedding band inletted on the bottom, but nobody is going nock you, the sides is what everybody sees. The round channel can be started with gouges. You can run a knife cut just inside the barrel dimensions, to prevent any splits ruining your day until your barrel lays in the channel past that early cut with the knife. Oh, by the way is this a pistol barrel, or a long barrel? ...Geo.