All that info is about right except maybe oiling the threads part. If oiling do it sparingly. On a machine of that power potential, I don't believe you're going to need to worry too terribly about pulling tools out of collets due to heavy cutting. Just decently tight will work for most. The higher the helix on the tool the greater potential for pullout. People usually freak when you say you torque your ER32 to 100 lbs. Anyway... just-tight should be about right. No need to totally crank on them. Just keep an eye on the first 45 degree or more helix tool you use. That'll learn ya whether you've got it right or not.