For the inletting an air powered die grinder with rasp, file and then sanding attachments would be much faster and would probably be a better tool for the job, always fit the tool to the job. I think you can get a die grinder kit pretty cheap from harbor freight, maybe 20 bucks and many people have air compressors if you don't have one. There are even electric die grinders a drill with the proper cutter would even work better than a dremel. I often think that there is an overemphasis on the use of dremel tools. There are far better tools at comparable prices. Another helpful tool would be an air hammer/chisel, they are usually used for metal work but are equally effective for wood if the proper chisel is used, a metal chisel can be sharpened for use on wood, that would cut very quickly. Often kits are available with die grinders, air hammers, other air tools, and the accessories/ air fitting for them.
Gotta work smarter not harder.
-TC-