Thanks, everyone, for your comments and help.
The blades are NOT 17-4 --- too soft.
When they're stainless, it's going to be something like S30V, CPM154, etc. I go 59RC on S30V and 61RC in CPM154, etc. After Heat Treat, it's all grinding and honing pre-machined holes to final, etc.
I like 17-4 for pivots, screws and, in this case, certain lock components.
Anyway, I'm trying a different approach, which is similar to where I started--5 Fl, about 150 SFM, .05 radial and .220 axial engagement and about 12 IPM.
Doubtless that will change, --maybe lighter radial and faster on the feed,
but the ONLY cutter life I've gotten was maybe 20 parts doing 250 SFM .03 radial//.220axial engagement, and 24 IPM with a 7 flute.
Every variation I've tried with greater radial engagement (like .200 or .125) has resulted in chipped cutter flutes from the first part.