Guys,
Thanks for the great responses, its good to see the interest in the old ways of gunmaking.
1. I don't know why it is called a grinder, but that is what I understand was the 18th c name for these. Today we would not use the term grinder as it is associated with things like abrasive wheels. Reminds me of the discussion on this forum on "why do they call them side nails?".
2. These actually cut quite easily, if slowly. Screw grinders (which I may show later) cut more quickly as the chips clear from the cutting edges by gravity. Here the chips are contained in the blind hole and cannot drop clear. So, you have to pull the tool every few seconds and brush/blow away the chips. I say chips, but it is actually closer to metal dust.
3. The cutting edges are there and are sharp enough to draw blood. They do tend to make the chip bend to a right angle as they are cut from the base metal. This makes the cutter no where near as agressive as the cutting angles on a modern end mill. Very often, perhaps almost always, the angles of 18th c metal cutting tools are near a right angle whether the smith was using a screw grinder, breech grinder, barrel facer, cherry, muzzle crown, rifle head, etc. I really can not think of any 18th c metal cutter that had the modern cutting angle. Certainly a cutting angle will cut faster and more efficiently. I guess the first example of such a cutting angle that I can think of is the S. Morse twist drill patented in 1863. Let me know if anyone knows of earlier examples.
4. When you drill brass you are better served by modifying the drill cutting edge to near a right angle. Otherwise the brass will tend to grab the drill bit and pull it through just as the drill pierces the back side of the brass piece. I am sure that you have experienced this.
Jim Everett