WOW!
A bit that drills square holes … it defies common sense. How can a revolving edge cut anything but a circular hole? Not only do such bits exist (as well as bits for pentagonal, hexagonal and octagonal holes), but they derive their shape from a simple geometric construction known as a Reuleaux triangle (after Franz Reuleaux, 1829-1905).
Wikipedia has some more info on Reuleaux triangle.