After creating the flat as mentioned, it may be wise to use the smallest center drill as an initial pilot hole to follow-on with yet a larger center drill slightly over-sized in preparation for using the final tap drill bit size for the 8-32 screw. I fabricate roll pin starter punches from hardened drill rod stock. This is a 1/4" rod for a 5/32" roll pin I made last week. Sharp carbide bits, a rigid setup of the work, low speed & pressure, small depth pecks with the drill bits, lubrication are your friends; IF you see smoke stop, cool off parts and begin again.
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