I too think less is more. I often run the tumbler for an hour. The cases are not exactly shining like gold, but I'm ok with that.
Couple thoughts on peening, the bottleneck cases obviously need trimming regularly, so peening might not affect case life too much, but on straight wall cases that don't usually stretch, I try to avoid peening as it most definitely does limit case life.
A guy on another forum suggested using a lot of soap to reduce tumbling somewhat, I tried that and I think it does actually work. There is so much foam in there the cases can't roll around near as much.