Been testing out cutting gears and I am having a problem that I can't figure out. The gears look properly shaped in GM, and AFAIK I have the settings set properly but when the mill cuts them, the come out looking more like fan blades!

Both are 60mm in diameter 45 degree helicals. Left one is the default settings just with reduced teeth to get into the diameter, the right has reduced module (3.8 ) to do the same. In both it looks like the mill is cutting too much of the tooth, as if the wrong cutter diameter was specified, but it is set correctly I think at 1/8".
I'm using GM v4.88 on a Taig 2000 4 axis Mill running Mach3.
What am I doing wrong?