I've seen a similar cutter used on a special machine that hogged out the clearance cutout for forklift tines in pallet parts. Scary looking thing, the 2x4s went through on a conveyor and the cutters were completely exposed. Two sets, one for each forklift tine, and each set made of multiple cutters staggered so they didn't all cut at once. Operator dropped 2x4s on the conveyor which pushed them through, hell of a noise since there was some movement of the board, shower of chips and they were dropped on the floor.