for .5 deep, unless you have problems with the chips not breaking or not releasing from the drill, I wouldn't peck.
I tend to use a 35/40 SFM on stainless, and on small drills I go about 1 - 2% of the diameter for the chipload per tooth.
Worst thing with working in stainless is work hardening the material or the tool. Make sure to use plenty of coolant.
Also, why are you pecking the tap? I would just use some oil and drive it through. I usually run all taps at 100 rpm and oil by hand. unless its a huge production job then I purchase the more expensive coated taps and use coolant.
And I saw a couple other people say it, but you want to countersink the hole BEFORE tapping. Taps love a nice clean hole to enter, and having the countersink there before tapping will help the tap keep its life, not chip up, and give you a nice lead in thread.
Just when you thought you had it all figured out, all hell breaks loose..