Rob it's late now and I haven't been great today but I'll reply later with better detail.
The 8000 is just a default speed for the tool, I can't be bothered changing it but I usually cut badges on the router which has a Kress spindle that goes from 10,000 to 30,000 but I usually run at about 12,000 because of the noise.
The uncut parts are due to the fact V carve programs the code to the cutter and if the angle is different you get a different look to the part, undercutting etc.
I'll post a screen shot later of the setup screen and the cutter, that will also answer Davids questions, but for now David a D bit is a round tool that when looked end on looks like a 'D' with the flat part being 1/2 the diameter and is also the cutting edge.
Good pic here [ no connection, just a pic ]
[edit] The limitation on V carve is it can only post files that can be saved with the .crv suffix. The demo can't save but if you have the file then you can rework it. That's why you can cut the bulls head file and others inside V Carve as they have given you the crv file.