I grow in a peat based medium. I started to deviate from the standard "watering and then letting things dry out" methodology when 2 different growers who have been doing it a long time and who I respect suggested that erroring on the side of moist was advantageous. So for the last couple years I have striven to always water before things get dry. It not only produced great plants but has had the added advantage of reducing smell...not to be confused with reducing end-product dankness. I have possibly taken it a step further by virtue of a automatic drip system. I dialed in the system to the point just short of runoff by configuring the amt. of water and how often. I now then give them extra water once a week to actually produce runoff...as a salt cleanse. The plants so far seem to be thriving. Now peat is a perfect medium for this and coco probably would be too. Actually, ever since I stopped the drying out method and seen the great results, I kind of chocked drying out method up to just another thing growers have developed to protect newbs from themselves...overwatering being a classic newbie problem. That said, I have yet to flower with this system so it is not a done deal.