You can pick up the Jasper's at Parts Express or even a Woodcraft if you have one of those around.
The model I've found to do most for me is the middle sized one...
http://www.parts-express.com/jasper-circle-jig-model-200--365-250
I haven't used it but PE is showing now a model 240 that might be better as it goes smaller...though at a higher price.
The only real problem when you get down under the base of your router for a real small hole is that it's tough to tell what hole your inserting the pivot pin into. A mistake really bits as it's liable to be too late by the time you find out and there goes that wood.... :tears:
The Jaspers are brittle. Use care. A friend knocked his almost new jig on his router off onto the floor and it busted all up. After a lot of holes, I had one bust out around one of the screws through the jig going into the base of the router. It's just a brittle kind of material, so use care to get the most mileage.
I've not seen any plans for anything you could put together yourself that could ever approach the precision of the cuts possible with the Jasper. I confidently do the recess for the outer of a driver, then do the penetration to do the cutout. Sometimes with a wide rim on the basket, several shallow cuts before the main cutout. It's all pretty easy and very precise...as long as you manipulate the numbers correctly.
I always cross check myself by using a compass with pencil to make a circle first. Measure that circle back to my driver as a cross check. And then when I lower the router, eyeball to make sure I'm just inside that line before I start my cut. And yes, I've caught myself a few times with the pivot pin in the wrong hole or something that would have messed it all up if I wouldn't have had the way of double checking myself. Darn me.... :nono:
A quarter inch straight bit is what I usually use. Several cuts to get through the wood...don't try to get too much at a time! And then a round over bit to give the edge a nicer look...
Sometimes it's still a lot of work...even with a good tool... But wood work is always a pleasing work!
EV3