I always understood coasting to be the same as freewheeling - allowing the vehicle to use its momentum to carry you along with the gearbox in neutral. IIRC it is verboten in the highway code. Clearly you need to be in the correct gear for engine braking to be effective (or have an exhaust brake). My car has 162k miles on it, still the original clutch and I use engine braking every day, it's a big nasty 4x4 so if it was going to suffer premature clutch wear, I think it would have happened before now.