FWIW.
I run my spindle speed between 225 and 500 rpm depending on the diameter of the shoulder. I use a "guess ratio" mix of Marvel Mystery Oil and Castol Moly D tapping fluid. My feed rates are an estimated .001-.003 per rev. (I jog the Z axis by hand in .0001" resolution but I'm whizzing the wheel at a pretty good clip) My plunge is usually between .100 and .300. I'll take big cuts in the beginning when the chip doesn't have far to go to evacuate out the back of the tool. As I get further along I shorten it a bit so as not to compact the chip gullets. (don't have my high pressure rig set up yet on this machine)
Point from all this is I'm rather aggressive; to the point of trying to screw something up to see where the threshold is. the surface finishes are great and my runouts are down to almost not worth measuring.
I've not yet experienced chatter, chip weld, galling, any of that using this mix/method so if I may, I'd politely suggest possibly looking at your tooling or your set up.
Take from it what you will. Seems to work for me though.
Good luck.
C