Used a 60 Deg V-bit in VCarve. Followed the settings in this youtube video:https://www.youtube.com/watch?v=WYnO8kSHQ1c
You carve the pocket for the inlay, then flip your vectors horizontally and carve the space around the vectors to make the inlay. You glue the two parts together, then saw off the excess. Then sand flat. It isn’t as beautiful or precise as doing traditional inlays, but its a hell of a lot faster this way. Also, I’m too much of an amateur to do it the veneer or old school way.
Also, @Adam_Xett had a great post here recently where he talks about some improvements on doing this method:
http://community.carbide3d.com/t/vcarve-inlays-with-vcarve-desktop-details-and-discoveries/6552