I know that a lot of us don't drill and tap holes in our boats. I am in the middle of building a snowmobile trailer. Drilling and tapping through the wood then the steel. Using tap magic works great though it puts oil in the wood. Just for fun I tried dipping the tap in Epoxy . It works Great !! Seals the hole in the wood and the bolt is sealed somewhat. <br /><br />P.S I tap a lot of holes where I work in SS mostly 16 gauge but up to 1/4 " After you get a feel for it you can use a GOOD drill motor to tap with I know it sounds out of control , but after you get the feel of it you break fewer taps this way because the tourqe is constant. From a 4-40 all the way to 3/8"