Accidental cutaway of hole drilled with spade bit. Also is 2x3/4" plywood a good vise jaw idea?

I was checking to see how a 3/4" dog hole would look in a vise jaw made from two 3/4" pieces of plywood. Just clamped for the test, but would be glue for the real thing. Interesting to see the hole opened up. And luckily no splitting, but do you think it would work as an actual vise jaw? This is for a Veritas quick release front vise, so the jaw is only supported in the middle.