The LMS 50% thread engagement spec is good for steel IF the tap is good quality, the drill drills on size, the part is thick enough, and the screw is the correct size. If any of these conditions are not met, the screw may not hold. It has happened to me, so don't let anyone tell you it cannot happen. There are two things you can do to prevent this unfortunate occurrence. First, good taps are good economy. Cheap taps are poor economy, but they make great boring bars. A drill point gauge is a very useful tool to make sure that your sharpened drill makes on size holes. Most high quality drill bits are good out of the box, but watch out for the cheap ones. It may be useful to test their hole size before scrapping parts, especially if there is a lot of work in the part.