You know many years ago when I worked as a framing carpenter in construction. As the job came to a close we all had to leave and hunt elsewhere for a new project. After I had worked on several different crews ran by different formen is when I realized I had collected different technics from all of them that I could pick the best most functional ones to combine for a most efficient job. This helped me a great deal when I ran my own framing crew years later.
The whole truth is a great accept, but not always prevalent without some searching and exposure. So I want share this recent post from a machinist on another forum that is very complete in the whole subject giving some deep concepts into the matter.
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"Most" everyday applications can be cleaned up using a standard tap and die set, which many times can be bought in carbon steel grade cheaper than they sell Chaser kits (Form taps).
However you don't need to buy anything to have a perfectly safe thread cleaner. If you have the bolt or know it's size and TPI, just buy one bolt for each size you need. Then cut slots perpendicular to the threads (lengthways) with a thin ginder or cutter. The slots will allow the rust and buildup a place to collect out of the thread and give it a place to go as you turn. They also form a dull cutting edge. The die version can be made of a nut however the slots can be a challenge if you don't have a milling machine or a good holding drill press setup. If you are frugal make the size you need yourself. You still need to practive proper technics in 2 turns forward and 1 turn back, plenty of oil, and an air blow to rid of excess buildup of removal material.
However to be complete I would be very careful if your chasing a thread with a standard tape or die in something critical because you don't know what size tap was used by the factory. What I mean isn't the actual thread size but the taps tolerance 2B 3B etc. Or if they used a form tap and the tolerance for that. It's "possible" that you may remove some material and the thread will be a small tolerance factor looser. Always examine what the process is doing before you go to far.
But with the bolt method you are covered in all areas (purchase price and tolerance safety). The only drawback to using the bolt tool (or a chaser) is that sometimes it will not clean "all" the residue buildup which in some critical applications can affect torque parameters. But usually these issues are only important in high tolerance applications, but just pay attention and look as you go. For most stuff, no worries.
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