I was searching for Torchmate info and happened across your post. With PM85 I get best 3/4" holes in 1/2" MS at 65A, 12 to 16 in/min., and 135V/0.06". It works best for me to turn THC off for small holes, begin pierce a little high (0.2" for 1/2") in thicker materials, and then rapid down as fast as possible to cut height for lead after the pierce delay.