TECs are not as sensitive components as laser diodes are.
However, a bit more complicated drivers with multiple outputs exist in professional laser systems, they also incorporate MCU controlled temperature, in 473nm lasers, LBO crystal is anything but temperature-ignorant.
However, since I don't think you gonna be colling LBO crystals, any applied power to it will help keep the temperature of your components down.
Keep in mind however, that TEC as a components is not thermally conductive, means that if you mount the diode on it without TEC powered, it's worse than just simply mounting the diode on a heatsink - if the TEC would be thermally conductive, it would have a hard time keeping the cold side - cold.
IIRC, TECs are around 20% efficient - hence, calculate the temperature dissipation of your laser diode - for blue diode driven @1A, it'll be around 3.2-3.5W of heat - and set your TEC accordingly, 5x more power consumption, so it'll provide aproximately needed cooling power.
Maybe I'm wrong about some facts, though...
Gawd I wish I had some MCU programmer boards, I'd be making temp-controlled laser systems...
Why are the programmer boards so damn expensive? :thinking: