When it comes to parting off inserts and holders its best to use the same make of inserts and blade. Tolerances and shape of the gripping region are very tight so generic inserts may not fit quite well enough for long life or reliable holding.
Insert should be stronger than the blade. I've snapped the hold down tongue off a Kennametal blade. Insert was still serviceable. 15 years and counting has gotten halfway through my first 10 pack of inserts and onto my second blade,
As ever with parting off its rigidity, rigidity, rigidity that matters along with feeding dead square. My Dickson QC toolposts live dead square to the lathe centre line so no set-up issues. I have a cunning plan for rapidly resetting square should I ever move the toolpost or adjust topslide angle. Would be unsurprised to discover that a major reason for folk getting better results with a rear toolpost is simply that its worth spending the time to get it dead right and, once its right it stays right. Swopping tools around its tempting to accept close, very close which may not be close enough this time rather than take the extra time to get it just so. Getting just so really needs test cuts too. Impractical mid job. QC toolposts should make swopping relaible but they have been known to move a touch during a job.
I tend to run insert tooling at normal HSS turning tooling speeds and HSS blades at half to 2/3 rds HSS turning speeds. Almost invariably with spray lube to help the chips get out. Even the folded chips from an insert, which are narrower than the slot can get stuck up. Running at higher speeds makes it easier to keep the chips thin and flexible for easy escape. Hand feeding whilst grinding along in back gear is a serious exercise in patience and thick, inflexible chips are almost certain. Not good.
If you have a Dickson style holder, like DMB, make sure your blades have the correct bevels to match the holder on them. Allegedly some of the inexpensive sources of both blade and holder are bit sloppy in both the angle of the bottom lip and that of the body the tool sits against. Tolerances are deceptively strict to ensure that the blade doesn't pop out and sits with clearance both sides. Thats why they are expensive and rarer than the other styles.
Relatively easy to make a new top (gripping) wedge for Dickson holders to take blades of next size down if you luck into a wrong size stash. I have T2 size holders and did so after a 5 blades for £5 bargain turned out not to be deep enough! 15 years and counting on the first blade.
Clive