Just curious John, I dont know your order of operations on that part, but why not an OD grip? When I made those parts and decided to start using two spindles, I was going to do all the OD turning, use a groover for the step into the can and do the face drilling on the front spindle. Then move to the second spindle and do the ID boring and be done.
I had the programs ready to go, but never got around to the setups. I know on my machine clearance would have been very tight when parting off, but I had 10" and 8" chucks where I believe you have 8" and 6" chucks if I remember right? would be easier to get in there without a freakishly long parting tool.
As far as stainless goes, 303 is stupid easy. Basic rule of thumb a lot of guys will say is steel is this fast, and stainless is about half that. Blasphemy as far as 303 is concerned. I ran 303 over 600 sfm with good results. More than that and tool life would suffer. I wanna say that roughing tool was .030" radius WNMG, 550 sfm, .100" doc (would take .150 no problem if needed) and .012 in/rev. Finishing tool was .015" radius DNMG, 600 sfm, .01" finish pass, .007 in/rev.
We made two identical parts from 1018 CR steel and 303 SS. Turning, drilling, tapping and partoff. Numbers almost identical between the parts as far as feed, speed, and runtime.
You should try Hastelloy C-276 sometime. Or maybe Stellite Alloy 6. Yummy!