Downhole tools having radially extendable elements

A method, comprising:

• selecting a first plate having a cutting element extendable therefrom;
• arranging electronics between the first plate and an exterior surface of an elongate body of a downhole tool, wherein the downhole tool has an axis about which the elongate body is configured to rotate;
• attaching the first plate to the exterior surface of the elongate body of the downhole tool such that the cutting element is extendible from the first plate in a direction away from the axis, wherein the downhole tool extends radially from the axis to a first radial dimension when the cutting element is retracted and the downhole tool extends radially from the axis to a second radial dimension when the cutting element is extended;
• removing the first plate from the exterior surface of the elongate body, wherein the electronics are attached to the first plate;
• coupling the first plate with a docking station;
• and
• communicating wirelessly between the electronics attached to the first plate and the docking station.

A downhole tool, comprising:

• an elongate body having an axis about which the elongate body is configured to rotate;
• a plate secured to an exterior surface of the elongate body;
• a cutting element extendable from the plate in a direction away from the axis;
• electronics disposed between the plate and the exterior surface of the elongate body and covered by the plate;
• wherein the plate and the elongate body are configured to wirelessly communicate with each other;
• and
• a docking station, wherein the plate is detachable from the elongate body and attachable to the docking station, and wherein the plate is configured to wirelessly communicate with the docking station when attached to the docking station.