Posted by Roderick Jenkins on 10/10/2016 23:11:30:
Posted by Daniel on 10/10/2016 22:26:31:
For all practical purposes, I would drill 6.5 or 7.0mm for tapping M8.
Daniel, I hope your 6.5 mm drill is badly sharpened and drilling oversized – 6.5mm is pretty much the core diameter of a M8 coarse (1.25mm pitch) and would (in theory) give 100% engagement 
Makes a valid point though: We might argue about what the best drill in theory is to make a hole to give a certain % of thread engagement but with our home workshop bits and drills it is almost certain that the hole will end up bigger than we intend anyway.
Rod
Yes Rod,
I would be mightily surprised if one of my 6.5 mm drills came out anywhere near it's actual size.
Enter my el cheapo drill press into the equation and I will probably have an oval hole, anything between 6.7 & 7 mm. Give or take a tad.
After that, as Thor suggests, I usually go the serial tapping route, which is also quite forgiving.
It all depends, as usual, on what degree of precision is actually required for a given situation.
M8 is a rather meaty lump, after all 
All the best,
Daniel