yeah, I drill from the top down through the threads when drilling by hand and from the bottom up on the drill press or mill. from the top down by hand you won't ruin the threads as long as you don't reach for... yeah... what he said
once you start the hole you won't damage the threads even if you touch them slightly with the bit. you could touch them a whole lot more than you'd think without affecting the functionality of the threads, hell you'd have to try really hard to damage them beyond use, just try to stay relatively straight and use the threads as your guide
1) mark and measure bit so you know when you're almost through and ease up at the end
2) firm pressure and as slow as possible
3) lube and a good bit. carbide or at least hss
most of the time the hardest thing is holding the post from spinning as you get deeper, def remove from atty if ss, brass you could try it in the atty if you really wanted to I guess, it might work but SS you def need to pop it out and clamp it better. I usually can pop it out with a bigger needle nose pliers, one jaw on the atty base off to one side of the 510 and the other right at the top of the post and squeeze, usually pops out without a problem. before removing it measure exactly where you want your feed hole I've done a few just above the deck but now I do them right at the deck level and the bottom of my feed hole extends slightly into the insulator. this allows as much suck back as possible, like the rm2, stock some of them are above the deck but then this doesn't suck back all excess and leaves a more wet deck, more excess fluid, I prefer as low as possible
I use a 1/16th bit, any smaller and you're really risking breaking it in ss without a drill press.
after the center hole you then hav to drill your side hole, drilling the side of a tiny round stainless steel cylinder is difficult even in a press but by hand it can be almost impossible, what I do is fire up the dremel with a cut off wheel and flatten out a spot on the side of the shaft where I want my hole. this will make the metal thinner there and also give you a flat spot that you can then center a drill on, you can actually open the hole all the way with just the cuttoff wheel too, wind up being more of a slot than a hole but works just as well