Hi,
A few years ago I started machining threads for crank pins and main shafts in JAP engines – these are fine threads subject to very high loadings – I took the plunge and invested in some throw away tip tooling which I would say has been one of the best tooling investments I have ever made. In particular I invested in Carmex miniature and sub miniature internal threading tools and these have been a Godsend.
I standardised on 20TPI (although metric pitch options can be cheaper) and bought full profile tools for that pitch, but supplement this with partial profile tools allowing me to machine any other pitch I need.
My advice would be to invest in some decent tooling – it is worth it.
Ian