I just used to tin them with a soldering iron. With liquid flux on the board - after cleaning the copper with steel wool - you can get a surprisingly thin layer of solder.
As for drilling, if there is *any* side loading on a carbide bit, it will break, and they can be expensive. Standard HSS bits have quite a bit of flex in them, and will tolerate any side-side movement or run-out better but as pointed out here, they will dull rather quickly. Ultimately, if you're making a couple of PCB's a week, with only 20-30 holes in each, its much cheaper and easier to buy up packs of HSS drills. They'll probably last about 20-30 holes but they're so cheap it doesn't matter.
If, on the other hand you have boards with lots and lots of holes of the same size, same 0.8mm and 1mm, then carbide bits start to be come more economical, but unless you have a very sturdy hobby drill that's rock steady as the bit is lowered (I haven't found a drill press than hasn't got some degree of this) you'll just end up shattering bits.
Also, whilst instinctively people 'go slow' on spindle speed, for such small diameters as PCB holes it needs to be quite fast. Industrial PCB drilling machines are >20k rpm, which is clearly ridiculous for home use but a minimum of 8k rpm should be fine. I broke less bits, and had better holes with a 12k rpm 12V drill. With that said, if I had a board with <10 holes I would just use a pin-vice and do them by hand - tedious, but with a sharp drill bit, it took a couple of minutes, quicker than it was to set up the drill press and calibrate it.