Posted by Baz on 17/09/2019 10:02:55:
Vintage engineer, you beat me to it, but in a toolroom not setting the topslide to half angle would get you either sacked or demoted to production work!
I think both of you are being unfair – I don't recall coming across either production or toolroom chargehands that were so hidebound in attitude.
If you're cutting a heavy precision thread, and shop availability makes you use a lathe that's rather small for the job, of course it makes sense to use half-angle to get the best chance of making a decent job, production or not.
In a busy tooroom, there's time-pressure on all sorts of jobs, so if the thread's within easy capability of the machine and tooling, and not especially critical for precision, use of plunge cutting would be well understood.
I've seen both methods in use in both environments. You might, of course, be required to justify your choice, so you better have yer ducks in a row… 
Edited By Mick B1 on 17/09/2019 10:17:53