Yeah, you wasted a bit of material, but at least for me, the downside of not knowing how much thread remains uncoated outweighs the downside of a bit of wastage and some cleanup (which the electrical-tape-cover-with-hole greatly simplifies).Thanks fafrd, I get the idea of nuts and bolts. I'm standing by my sort of tautological assertion that "if you squeeze a bunch out you have probably applied too much" for keeping the stud from getting loose.
Once you’ve stripped your first LiFePO4 thread, you have a different perspective on all of these profound questions .
[ps. And as far as ‘bunch’ I am in complete agreement. There is a kind of granularity around one drop (~30uL) - if anything over a drop squeezed out, you can do better...]