All my milling machines have reverse and all the above apply. I use reverse for tapping on the CNC mill. I have reversing tapping heads for the vertical mill, although I have used reverse and handraulic control when It wasn't worth setting up a tapping head. I also use reverse on the vertical and horizontal mills depending upon which way it is convenient to run cutters and boring heads, like this:

My vertical mill has a single stage backgear reduction, so to keep tool rotation the same the motor needs to run in reverse when backgear is engaged.
Andrew