well from what I've read with hard hard stuff that will not deform enough for conventional drilling, there seems to be 3 ways to go
1) to grind/wear away
2) hammer action (maisonry)
3) or to soften the work piece for conventional drilling to bite into it. one way of drilling files is to heat em up and use a tungsten bit on them
I know what your saying with good cobalt and hss bits, but if the metal will not give the drill won't bite. Theory on the masonary bit is it is a grinding bit. Cheap and long lasting. I'll buy one and report back because I'll end up having to anyway. If it is diamond I will try and keep it cool.