I needed eight 1.640" diameter holes through some 3/4" hot rolled steel so I figured I would be more daring than ever in the past.
Cutter 5 flute 1/2" diameter. (EDIT: some fancy coating but I forget what.)
Speed 6000 rpm which is about 800 feet per minute.
Feed 110 IPM which is close to 0.004" per tooth.
Depth of cut 0.025"
Engagement about 54% (0.27").
After four holes the first punch through created quite a fireworks display but the second two passes did not light up.
Immediately after the M30 I could grasp the cutter briefly in my fingers, the workpiece was barely warm and the chips had come off blue.
The cutter shows some wear but is still good for several more holes.
The last hole was the same size as the first as good as I can measure with a telescopic gauge and micrometer.
Probably the best approach would have been to bang a 1" diameter insert drill through first but I don't have one which is why I did helical interpolation from the start.
So now I will not be as sceptical of people who claim awesome speeds with coated carbides in steel.
EDIT: I forgot to mention air blast; very strong as close to the tool as possible.