I split the difference and use a 3/16" radius round-over bit.
Freud 104 34
It's the Goldy-Locks bit for Tele edges - not too sharp, and not too round.
I also use a little sand paper holder gizmo to finish sand the routed edge.
The sanding gizmo helps me to keep the radius even and true - better than I can do with just using sand paper and my fingers alone.
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Nice Gizmo!