For most of the work on the mill, the TTS collet system works well. For those few times when I don't have sufficient clearance, I have my R8 collets to fall back on. The most common situation where I run out of Z is tapping. I made a tap follower that completely sits inside a 3/4" R* collet but the combination of the tap and wrench eat up the Z. My first tap follower consisted of simply a long spring which fit inside a 3/8" R8 collet and a pointed pin. Aside from having to capture the pin when removing the tap, it work well and consumed no extra z.