Oddly... I have never seriously considered peck-tapping. Never even tried it.
I have Rigid tapping on both my Haas and Fadal, but I generally use a floating holder on the Fadal as I have yet to tune my gain factors, and the software doesn't que up the Rigid Tap Preparation commands..
I use Blaser 755B coolant these days, but no matter.
But... I rarely break a tap... 10-24 to 1/2" in 6061 at a thousand or so in, 4000 out...
I run that job 4 times a year. About 750 holes. Use the form tap.... never a failure. Never changed the tap.
But if you are worried about the wear and tear on the spindle, there is no way you could beat a tapping head. Not with anything.
But, I got close with a thread-mill.
That job, 1/2" deep.. resulted in oh... I dunno... about 3/8" effective.
I found with this SCT thread-mill.. Punch the hole... dive in with the thread-mill, at 2000 RPM ( Or whatever...) and it goes around the hole just over one revolution to finish the complete thread profile.
And my required effective thread, actually closer to 5/16" was done at constant speed.
Not bad at all, but that is not a cheap mill. I think about $175. for the danged things, and I killed a couple just getting the swing of it.
Anyway... my rule of thumb is just go for it, until something blows.
Then back off 10%
I commonly tap 3/4" deep and more..1/2-13 in mild steel with a common plug tap like Doorman.. heck, whichever one out of the pile cut taps that looked like it might be good.
If I am feeling nervous, I will stand there and brush-on Union Butterfield tapping oil with an acid brush. Or... sometimes.. let the drill cycle go by, blow off the part.. spray tapping fluid into all the holes, turn the coolant off and all holes tapped with oil.
Point is, do not be afraid of failure. " I just snapped a tap and destroyed a part. Shucks."
The loss of a part or a tap is often meaningless unless you are in a repair. ( Depending on value of the target by the time the tapping cycle is applied )
I do love them roll taps.