It's definitely off center. The non-cutting edge is closer to center for obvious reasons. According to what I've read, the cutting depth officially need only be .008", but this is incorrect. The base of the bit has a toe about .0225" high before it slopes inward. Discrepancies like this are why I haven't bothered to contact Amana for details. They don't know what they have in this particular case. What I ended up doing to define the tool was to scan the bit in at an ultra high resolution (12800ppi), then traced it in Adobe Illustrator. Once I had the profile traced, I was able to find the true center. The innermost cutting radius is .067", which seems arbitrary. I'm going to do some trial cuts edging it closer and closer to the material until I can zero in the path offsets. I'll report back once I've done that.
PRS Alpha 120 x 60, spindle, vacuum