"Hunt and Peck" means you have to look at the keys hence the "hunt" and that you don't use all of your fingers sitting on the home, so your one or two fingers move fairly large distances around the keyboard, hence the "peck".
In between touch typing and hunt & peck I think of there being a land of "lift & look". You use all of your fingers, and your fingers are sitting in the right place, and you probably know all of the letters under your fingers, but you aren't sure about the others, and sometimes you might be confused about the letters under your fingers. Therefore you look at the keyboard regularly and you lift up your fingers sometimes (especially to look at the row of keys closer to you than the home row) and go slower than real touch typing.
My spouse has a severed radial nerve on his right hand (thankfully, he was left handed before the car accident), and types with only one hand. Therefore it is almost by definition hunt & peck. It's certainly pecking, because the pointer finger on his left hand really gets around. It's not so much hunting, because he hardly looks down and if he looks down it's because he doesn't have a good enough map of the geometry of the keyboard in his brain, not because he's not sure where a particular key is. I've suggested I buy him a one-handed left hand curved keyboard, where he can reach all of the keys with his one good hand, but he's disinterested in re-learning where all of the keys are.
Just because I like nerdyness, I wish I knew the Dvorak keyboard, but I was trained on QWERTY, and QWERTY touch typing is what I do.
What I don't get is all of those phone text messengers who use the number keypad with multiple letters assigned to each number to text all day. I'm a "hunt and give up" on that system. It simply doesn't seem worth it to compose an entire message like that.