Speaking for myself;
a) I almost always use AF-C (continuous)
b It shouldn't "wear out" as long as I don't keep my finger on whatever button is focusing for extended periods of time (e.g. shutter half pressed or "BBF" button held down)
c) For moving subjects this (AF-C) works well (and most of my subjects move, or might in the blink of an eye)

d) I tend pick my composition
then select the nearest (single) focus point and place it on the subject
e) Therefore I rarely focus and recompose
f) If I do, I may either switch to AF-S, or use "BBF" and take my finger off that button once focus is achieved
g) On my D7100, I actually program the Fn2 button as my "BBF" (so actually it is round the front!)
h) If both camera and subject are stationery; e.g. tripod shooting still life, I might manually focus or use AF-S

If nothing else, this will remove the possibility of the small focus hunting movements the system may use in AF-C to determine if it is optimal being caught during exposure - although these ought to be very small offsets (and yes, I guess it will reduce wear and tear on focus motor)
Cheers,