Three great points right off the bat! Thanks!
1. I was just using scrap to test it out, but I was removing MUCH more than 1/8 inch. I was trying to do the rough work at the same time.
2. It is a straight edge bit, I will look into a spiral bit.
3. The table, router and collet are secure, perhaps the bit is too long for a cheap setup like this. I could get away with an 1 1/2 inch bit because I cut the body and the laminate top separately - perhaps that might help.