If I understand what you're trying to do . . . You are going to cut a Domino slot in the frame to fit the slat into? Do you have the setting on the narrowest slot possible?
If so, you will need to size the slats to fit the slot cut by the Domino. The size of the slot is designed so the Dominos fit tightly, not for your alternative use of the tool.
Seems like a good idea as long as you make the slats to fit the whatever size the hole is.