Interchangeable cutting inserts and methods associated with the same

A pipe machining apparatus comprising:

• a frame;
• a tool carrier moveably coupled to the frame;
• a tool support coupled to and moveable with the tool carrier;
• a first base including a first projection and a first coupling aperture defined in the first projection;
• a second base separate from the first base, wherein the second base includes a second projection and a second coupling aperture defined in the second projection, wherein the tool support is configured to interchangeably support the first base and the second base;
• and
• a cutting insert including a cutting edge and an insert aperture defined therein, wherein the cutting insert interchangeably couples to the first base and the second base, and wherein, with the cutting insert coupled to the first base, the first projection is at least partially positioned in the insert aperture, and wherein, with the cutting insert coupled to the second base, the second projection is at least partially positioned in the insert aperture.