In my opinion, focus peaking is somewhat useful for video, macro and astro. I say somewhat because it depends on the implementation. Some implementations (e.g. Sony) also apply in-camera picture settings (which adds sharpening to the output of the JPEG engine - which feeds the EVF), which can give you a false sense of sharp-focus. You'll see a ton of red, when actually the red is coming from the JPEG sharpening, not the change in focus.