Although we operate in the U.S., we use Canadian rigs that undergo intense inspections at prescribed intervals. We've noticed a huge improvement in rig repair down time that much more than offsets the increased day rate of the rigs compared to U.S. drillers. I don't know what all is involved in these inspections, but the goal is to identify and replace any wear items, so that they are replaced before failure. I would guess that includes components of the top drive. If the top drive mfgs can make the equipment so that it is easier to inspect wear itmes, I could see how that would be beneficial for the drilling companies that take PM very serious.
When I worked on a rig (for a U.S. drilling company), we would replace catlines, winch lines, and slip drill line before failure. We would also change fluids in engines, before failure. Otherwise, I don't recall replacing or servicing anything prior to failure. We would have a welder out after every rig up to fix any cracked metal noticed during rig down or rig up, but rotary table components, drawworks components, mud pump components, and just about everything that wouldn't kill someone if it failed was used until it failed.