There are a number of reasons to present a spindle load signal to MACH.
I tend to agree that if the only use will be a readout, then it would be a lot easier to just put an ammeter on the motor (as already described) or use the remote VDF panel (also as already described). However, there are lots of reasons that it would be useful to have the spindle load presented to MACH (by whatever means the user chooses).
However, as can be seen from Hood's posting, the uses for having torque data are only limited by the users creativity and cleverness.
I also have plans to rout the torque output analog signal on the spindle drive to MACH for the purpose of a read out certainly, but also to monitor loads as desribed ealier.
The momentary overloads are easily accomodated with a timer as descibed in a previous post. That is not really different from the normal faulting process in the drives from follow error, overload, overheat, or a host of other maladies. However to take it a step further, you can have MACH slow the feedrate if the load exceeds a certain amount, or at least provoide a warning that something, a dull tool perhaps, needs operator attention. If a user has industrial drives (like Hood is referring to) you can take the load info and feed back to the drive whatever corrective action you think is appropriate.
A project on my to-do list, just be way of example, it to limit the torque output of the spindle motor for hard (rigid) tapping operations. For example, if the machine is going to tap a bunch 1/4-20 holes, knowing when a 3.5Kw motor goes over 100% is not particularly useful information . . . equivalent to an indicator light that says 'your tap has shattered'.

As part of my tapping macro, the drive will be set at some reasonable max torque for the size tap and material being cut. Monitoring this process would involve looking at values that are some fraction of 100% and could easily be less than 10%.