Two flute will cut more quickly and are great for getting the bulk of the metal out of the pocket. I then switched to four flute for a final pass to get a smoother surface, but that's not really necessary unless you want a better finish than a two flute seems to give.
1/4" and 3/8" are the sizes that I used for the pocket and shelf. Generally you'll need the long length end mill. I used 1/2" and 5/8" length of cut. For the trigger slot I used a 5/16" end mill.
Mine are plain high speed steel. Carbide or one of the titanium surfaces would probably work better.
I ordered from McMaster-Carr. Not the cheapest, but have a lot in stock and really fast shipping.
http://www.mcmaster.com/?m=true#end-mills/=tegv5n
FWIW, I did my first with a Dremel tool. That worked out fine, so I upgraded to a Harbor Freight drill press-the cheap 8" table top $59.00 one on sale. Worked just fine, but had a tendency to chatter if I tried to cut too fast.
I just finished one with my new drill press, the 10" table top, on sale and with a coupon was $90.00. Worth every penny for the much larger range of speeds available.
The best tool is patience. Take your time.
Don't force the metal against the mill. A light touch, slo-o-o-o-ow cutting speeds, and constant checking to make sure you aren't removing too much metal. Be particularly careful where the selector detent and selector hole are. I found out the hard way that it's possible to take way too much aluminum off and screw that channel up.