I really enjoy seeing the fancy test equipment and calibration standards on the EEVBLOG. The tour of the mobile calibration lab was also very interesting. I don't think most folks have a clue what it take to measure anything (mechanical or electrical) and be confident about your measurement (and know how confident you can actually be.) This got me to thinking about how to teach 'young players', as Dave would say, about how to know how good is good enough.
I am a EE but have always worked on electromechanical things, I run the machine shop in the EE department at a university and do everything from machining, to controls, to programming. I run a side business that deals in small CNC equipment too which is relevant to this discussion as to "How good is good enough?"
One thing I see a lot with the students I work with on projects is they have no clue what sort of accuracy/repeatability/precision is required be it electrical or mechanical (I see this with new hobbyist machinist as well). For example, a student designing a brushless motor had trouble understanding that the laminations would all not be exactly the same thickness as there is slight variation across the sheet, they will also not stack exactly perfectly so if you thought you needed 50 laminations you may wind up with 49 or 51 to get the correct stack height. Or, a LiPo battery may not be 'exactly' 3.7V when fully charged, it might be 4.2V and that might just burn up your board.
I guess it comes down to a few different points:
1) What sort of accuracy/precision/repeatability do I really need?
2) How do I specify that?
3) How do I measure that?
What I see very little discussion of is #1, which is basically my topic, 'How good is good enough?'. At university I tend to only see this actively thought about on research projects; it's funny how when you are trying to actually do something physical that you find your perfect theory goes out the window.
As hobbyist we can go to great lengths to make things impractically perfect, as professionals it pays to know just how perfect it needs to be. So how do you as a hobbyist or professional answer that question? How good is good enough? What are your guidelines? How do we teach this to 'young players'?