I've got four here, and each has a different purpose.
First, we've got a 1/32" vee bit with a ball end. Which is for excellent detail finishes, which moves quickly but with small stepover passes; this allows for smooth 3d surface finish. I've wanted to do some smaller detail projects, and this is perfect for what I've got in mind.
Third from the left is a 1/4" single flute square mill; this is for general use to hog out material and is going to be used probably the most out of all of these. After talking a bit with a local machinist, I realize now that the single flute was perhaps not the best idea with my setup. The Shapeoko 3 has a 3/4 horsepower router, which can't build-up to the speeds sufficient for it to cut optimally. I need to do more research into why it's not ideal, but I've got a pretty good idea.
And last but not least is the 1/8" single flute square bit. It has the same purpose as the quarter-inch endmill but allows to obtain smaller detail. Which wasn't entirely necessary, but it's always nice to have a smaller one lying around.