Some information to help you figure out why threads get damaged, and ponder the lock up tool:
Spark plug torque specification: 7-15 lb-ft, dry (180 in-lb max)
Spark plug thread 14mm x 1.25 (.551 inches)
Coefficient of friction steel 0.2
= axial clamp force 1640 lbs
If the threads are lubricated with oil, as might be found in a plug well, then the reduction in friction coefficient to ~.16 means the same 15lb-ft could increase the clamping force - upward pull on the threads - to 2000+ lbs. That's without adding the 1000psi of a non-detonating normally-aspirated engine. They just need to not back out, not be tightened beyond the equivalent of picking up the front end of your car by one spark plug.
A blue Yamaha V6 has been making 1000hp without shooting engine parts all over the place (yet).
Now, compare to the lock-up tool: The stroke on the V8 is 3.13 inches, a 1.56 inch, or 0.13 foot, crank radius. At just above the center of the stroke, this moment arm magnifies the foot-lb by approximately x7.7, so 200ft/lb at the crank bolt = 1540 lbs of upward force, without subtracting friction losses.
10 foot-pounds, as one should be using to install plugs (after turning backwards to feel they drop into the existing threads, and installing straight), is a very small amount of torque; "by feel", a mechanic may apply significantly more, explaining why threads are easily damaged on many cars or why resulting clamping force plus later combustion exceeds the limit of materials.
I do like the idea of a pulley wrench, a circle with bolt holes for the harmonic balancer's puller threads and a long handle, cut from thick steel stock. However, one must clamp such a tool tightly to the pulley with hardened bolts, as you don't want to bend, twist, break bolts off in the pulley; instead, clamping friction with the pulley face must stop the tool from turning. Bolts must be the correct length to fully engage all the pulley threads without hitting the engine cover behind.
The strength of the rubber ring inside the harmonic balancer is enough to drive accessories, but using a strap wrench may be enough to break the bond between metal and rubber.