Sorry, but this is a machinist forum with a gun sub-section, not the other way around. A lathe is a lathe, no matter what you are turning. My advice is sound, and will get you the desired results. Manual or CNC, CAM or no, large or small parts, the fundamentals are the same. If you don't know how to calculate SFM or minimum depth of cut, you will never get to where you want to be without dumb luck.
You had better recalibrate your untrained eye if you think that picture shows a TPG insert. Here is a hint, T stands for "triangular". TPG is not a good insert style, it is popular because it is dirt cheap and a lot of shops don't know any better, or run ancient tools that were designed at the dawn of carbide when the TPG shape was all you could get.
"Further, a .030 cut? C'mon, I'm a gunsmith not a train axle maker. Some of my parts are smaller than the cut your suggesting. I'm sure that the reason there is a "gunsmith" section here is because gunsmithing requires a very specialized form of machining. Mostly manual, without the use of CAD/CAM and heaven forbid probably no CNC either. And chances are none of us need a backhoe to haul the chip."
If you can't take a .030 cut, get a different tool. There are 1 nose radius inserts, then the cut could be as low as .015. Carbide is made to increase the metal removal rate by allowing higher speeds. If you don't need or want that, then it is wrong choice for you.