Think of where the chips would go. To create the negative axial rake you would need to be able to feed the tool the inserts would have to be angled in such a way that would have a left handed helix initially. This would shoot the chips straight into the cut. On top of that it would need the same negative radial rake that your boring bars have.
I'm not saying this would be impossible to make work with some hardcore coolant directed in just the right way. What I will say is it would take a lot of trial and error and I think the resulting tool would be so scary looking I don't think it would sell.