Tenon cutter?

Folks, do we have a 1" tenon cutter such as this in the shop?

If not, can I borrow one from any other member to put it to use on some blanket ladder rungs I’m making as a gift for my son out of cedar posts?

See: Amazon.com

TIA, Steve

I don’t have one but watched a video recently of someone using it. Looked very cool. Let us know your experience with it once you use.