you can do it the hard way
http://www2.towerhobbies.com/cgi-bin...?&I=LXE230&P=7
or the easy way
http://www2.towerhobbies.com/cgi-bin...?&I=LXK263&P=7
for pinned hinges you will need thicker blades
http://www2.towerhobbies.com/cgi-bin...?&I=LXK266&P=M
http://www2.towerhobbies.com/cgi-bin...?&I=LXPT33&P=M
depending upon the hinges used.

I use the machine for my slots.

I also prefer Robart hinge pins for my hinges though.
http://www2.towerhobbies.com/cgi-bin...?&I=LXET54&P=7
Available in different sizes and various package sizes too. Just drill a hole basically.
http://www.robart.com/how_to/hinge_points.aspx